We have given a contract to a Recording Studio for arranging singers, musicians, recording, dubbing etc. and for producing 1000 CDs and 1000 Cassettes. Do we need to deduct TDS or not?
Please help us out!
Menu
TDS on Songs CDs and Cassette production Contract
Replies (5)
yes
yes
| Originally posted by :Sourabh Sharma #Wicked Sunny# | ||
| " | yes | " |
What explanation we can give to the contractor? If he doesn't have the PAN, do we still need to deduct? FVU software is not accepting to some extent (%age) of non PAN deductees. In that case what we should do?
Yes, i Agree with Prasanna.
Dear Prasannakumar!
In your case, TDS has to be made despite the fact that the deductee is not having a PAN. Further, it may please be remembered that the nature of the contract quaifies it to be a techincal contract for which TDS to be made at 10% under 194J.
Do post your queries!
Good Bye! Cheers!!
Recent Topics :
- Can I pursue articleship alongside a regular full-
- Investment fund's income from ncd distribution to
- Comparative BS PL with Audit report
- Source of funds in IT returns
- Work from home job
- TDS ON ANY PURCHASE OF ANY GOODS - 393(1)
- TDS on payment to a non resident
- NSFA(National Food Security Act) commission
- RCM applicability on petty GTA freight (₹450
- Short payment reccieved in export & GST implic
Related Topics :
ARTICLESHIP
30 September 2026
CA Article Assistant
CA Suraj Garg & Associates
New Delhi
CA Final
View Details
ARTICLESHIP
18 September 2026
Industrial Trainee
Twenty Point Nine Five Ventures Private Limited
Noida
CA Inter
View Details
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER
Anupam Parashar & Co.
Ghaziabad
CA Final
View Details
CCI
Pro
CAclubindia
