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Tds section ?

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This query is : Resolved

AJMAL ASHRAF (Querist)

29 February 2016 Sir, a payment has been made by a sports association to some sports team. assessee comes under resident status. payment made has been crossed the limits. In which section such payment comes under for deducting tds?like 194c, 194j?

Suresh Ramaswamy

Suresh Ramaswamy (Expert)

29 February 2016 If the sports team is a 'person' as per Income Tax Act, 1961, then the deduction will be under section 194 C since the sports team per se does not render any professional services, but only contracts to supply professional players to play in the event. In case the sports team is not a 'person', but an association of persons not treated as an AOP, then the services rendered by the team members would be a professional service and TDS ought to deducted under section 194J.

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