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TDS required to Deduct on Payment Made

This query is : Resolved 

18 January 2022 whether TDS is required to Deduct on Payment to Jammu Industrial Club. Rs, 45K and 24K in Two installments, whether TDS to be deducted , if Deducted then we have to deduct TDS on Rs, 69K. and under which section TDS to be deducted.

18 January 2022 What is the nature of payment.

18 January 2022 TDS deduction depends upon the nature of your transaction with the party. Whether it is a contractual agreement, professional fees, etc. The rate of TDS/TCS will depend upon the nature of the transaction.

18 January 2022 Nature of expenses is Membership fees

18 January 2022 TDS not applicable on membership fees.



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