TDS u/s 194J on IFRS workshop Fees conducted by CA Branch

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This query is : Resolved

Vijay Bhatti (Querist)

19 June 2010 Chartered Accountants Association, Pune is organizing a workshop on IFRS for Chartered Accountants. Fees per candidate is Rs. 10000/- for 5 Days Workshop. A limited company is nominating & sponsoring its 6 ( Six ) Chartered Accountant Employees for the said workshop. Accordingly gross payable Fees for the workshop is Rs. 60000/- for 6 candidates.

While paying the sum to Chartered Accountants Association, Pune , whether this company is liabile to deduct TDS u/s194J on the Course Fees Amount of Rs. 60000/- or not as per Income Tax Act. Payment is being made favoring "CA Association, Pune" which is Pune Branch of Chartered Accountants.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)

19 June 2010 No. Seminar fees and course fees not attract TDS

Vijay Bhatti

Vijay Bhatti (Querist)

19 June 2010 So eventhough company is sponsoring its 6 employees for the said course, no Tax Deduction at Source is required for the payment to be made to CA association ? Pls. confirm. Also can u specify the relevant portion of the section \ notification containing any reference on Seminar Fees and Course Fees not attracting TDS ?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)

19 June 2010 Seminar fees not covered under any TDS section and company is not engaging the Professional directly for their employees only.So you in your case TDS not applicable

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