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Sponsorship payment
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?
Replies (1)
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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