Tds on membership fees paid to waste treatment

TDS 2011 views 1 replies

Dear  All,

We are in development of a new party for our waste disposal & Treatment . For this purpose we have to pay membership fee of Rs.4 Lacs for 2 years.

My query is whether we needs to deduct TDS on this membership fees , if yes , under which  section it falls.

 

Thanks in advance for your helpful response..

Santhosh P John

 

Replies (1)

In my view, tax needs to be deducted under section 194J if you receive any professional services from the Entity to whom you are paying membership fees.

Regards,


CCI Pro

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