Query on tax deduction at source

TDS 352 views 3 replies

Dear Experts

Does membership fee payable to FAI - Fertiliser Association of India attract tax deduction at source ? If yes under section 194C or 194J.

Regards,

Replies (3)

TDS is not applicable in case of membership fees paid. No need to deduct TDS.

Tds is applicable under section 194J at the rate 10% .

You may contact the payee and confirm before deducting the tds

Sir

What is the rationale for contacting the payee. The payee cannot state / dictate provisions of law. The payer should decide if to deduct or not. Otherwise the payer will be at default, not payee.

Regards


CCI Pro

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