Tds payment

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709 Points Posted on 12 February 2020
we book a space in event for products advertising....organizer said he don't wants
to deduct tds...can we make payment under reverse charge to him
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On 12 February 2020 at 13:12 Report
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This discussion clarifies TDS payment obligations for event space bookings. The organiser is refusing TDS deduction, suggesting payment under Reverse Charge Mechanism (RCM). However, RCM primarily applies to GST, while TDS falls under Income Tax regulations. If your payment is subject to TDS under Section 194C of the Income Tax Act, you are legally required to deduct it, irrespective of the organiser's preference.

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128157 Points Posted on 12 February 2020
If You are under the TDS deductible provisions then You must be deduct TDS as per requirements of acts...
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On 12 February 2020 at 14:39
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709 Points Posted on 12 February 2020
But party said that he's not want to deduct tds and pay reverse Charge...
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On 12 February 2020 at 14:44
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128157 Points Posted on 12 February 2020
What is reverse charge??
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On 12 February 2020 at 14:46
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709 Points Posted on 12 February 2020
Tax paid by him against service we have used
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On 12 February 2020 at 14:47
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128157 Points Posted on 12 February 2020
Are You saying GST Tax (reverse)?
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On 12 February 2020 at 15:02
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709 Points Posted on 12 February 2020
Yes RCM
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On 12 February 2020 at 15:09
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128157 Points Posted on 12 February 2020
GST & Income Tax both are different and do not confusing with TDS matters...

You will deduct TDS on the value...
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On 12 February 2020 at 15:15
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709 Points Posted on 12 February 2020
But party said that we don't want to deduct tds you should pay RCM
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On 12 February 2020 at 15:17
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128157 Points Posted on 12 February 2020
Better to follow provisions, not for party's guidance...
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On 12 February 2020 at 15:19
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128157 Points Posted on 12 February 2020
RCM concept/rules is under GST.... TDS concept/rules is under Income Tax... Both are different taxation as IDT & DT. No more questions if provisions applicable...
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On 12 February 2020 at 15:22
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Chartered Accountant in Practice
692 Points Posted on 15 February 2020

TDS needs to be done by the person making payment since it gets covered u.s 194C of the IT act. 

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On 15 February 2020 at 22:40

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