TDS applicable??????

to the best of my knowledge, tds is not applicable in case of subscripttion / membership fee

I think no tds provision is attracted

Subscriptttion & Membership fee does not come within the perview of 194C as it is not a contract forcarrying out any work.

Also 194J is not applicaple.

Therefore, TDS does not apply on above payments 

TDS is not applicable

Agree with Anshu, Balkrishna, Deepak and Sanjay 

Dear Priya,

Please Give the details of your case.

If an Employer has paid the membership fees of any club, credit card, etc on behalf of the employees then it is to be treated as a perquisite in the hands of employees and would be chargable under the head salaries. As a result TDS would be deducted under section 192.

Please refer to the following :-

In case of membership of a club, all sums paid by the employer except in respect of usage charges to the extent it is official is to be treated as a perquisite. If the membership is a corporate membership the initial depositor fees is not to be taken as a perquisite. Similarly, health and recreation facilities provided to all employees uniformly will not be treated as a perquisite. If assets owned by the employer are used by the employee, 10 per cent of the original cost will be treated as a perquisite.

Thanks & Regards

Rajat