Sponsorship payment

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1 Points Posted on 21 April 2023
We donated money to one of the organisations by paying them a certain amount. In this context, was the donation amount subject to RCM tax?
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On 21 April 2023 at 15:59 Report
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Chartered Accountant
1005 Points Posted on 21 April 2023

If the receiver is any body corporate or partnership firm located in India, then the RCM will be payable on the sponsorship services.

In case of any further queries, kindly mail me at casoravgupta @ gmail.com

Thanks & Regards
CA. Sorav Gupta
(Practicing Chartered Accountant)

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On 21 April 2023 at 17:32

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