is tds applicable on sponsership charges, if yes , under which section.
Menu
Tds on sponsership fees
Replies (3)
It may be applicable under section 194C, depending upon the terms of the agreement.
Refer Circular 715 dated 8-8-1995 issued by CBDT..... Question No. 18 in that cricular answers the same.
yes. TDS u/s 194C
The agreement of sponsorship is, in essence, an agreement for carrying out a work of
advertisement. Therefore, provisions of section 194C shall apply.
Recent Threads
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
Related Threads
CAclubindia
