Is tds applicable on subscription fees

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August undefined, 2024

Witryna7 maj 2024 · A two-judge bench of the Bombay High Court has held that the subscription fees paid to the cable network operator /MSO /DTH Operators attracts TDS liability under Section 194C of the Income Tax Act.. The Income Tax Appellate Tribunal (ITAT) held that the channel subscription fees paid to cable …

Channel Subscription Fee paid to Cable Operator under ... - Taxscan

Witryna13 kwi 2024 · TDS on e-commerce participants: 5 Lakh: 1%(01.10.2024) 1% (01.10.2024) 194P: TDS in case of Specified Senior Citizen: Not Applicable: Rates in … Witryna12 paź 2009 · 13 October 2009 I think by subscribing to Naukri , u get the following services . Database assess , a permanent login and a password is provided to you and help desk charges .Annual charges are levied every year. I think these fall under "technical services " and would be TDS deductible u/s 194J @ 10%. gadsden alabama to acworth ga

Tds on membership subscription to industrial associations

Witryna21 sie 2015 · Tds on annual subscription. Mayadhar Rout (Student) (37 Points) 12 September 2013. Hi, we have to paid 7L+12.36% service tax as annual; subscripttion … Witryna11 lis 2024 · But as you mentioned the contract is for annual subscription this amount to contract as well as technical services and TDS is liable to be deducted at 1% or 2% depending on status of supplier. If it is only a purchase of software like tally then there … Witryna26 maj 2024 · Whether payment made to Webex or Zoom for the Subscription amounts to Fees for Technical Service to attract Section 194J If not whether it is a contract u s 194C ... 26 May 2024 It's payment to non resident so section 195 TDS applicable. It will not fall under fees for technical service. It's business income deduct full TDS of 30% … gadsden alabama wings and seafood restaurant

Section 194J Under TDS for Technical/Professional Services Fees

Is TDS deducted on annual membership fees? – Wise-Answer

Witryna19 sie 2010 · TDS on Renewals. 19 August 2010 If i renew subscriptions to website like MAnupatra for legal case-data base , does this transaction attract TDS provisions ? the Annual Subscription/renewal charges is Rs.60000/- . 19 August 2010 TDS applicable on AMC. 19 August 2010 TDS not applicable on above as is it is simply … Witryna28 lut 2024 · As per Section 194A the rate of TDS applicable on interest income is 10%. The interest income to retired employees may not be more than Rs.5lakhs per … black and white cat babyWitryna8 sie 2024 · Replied 04 January 2014. If subscripttion charges are more than 30000 then 194j will get applicable. Online classes for CA CS CMA, Professional courses for GST, Accounts, Tally etc, & Books. Anoopa H P (Member of ICAI CS Executive) (192 Points) Replied 05 January 2014. But its not a professional or technical service to cover … gadsden al high school

"Witryna21 wrz 2024 · Any Indian entity or an individual making payment to foreign entity and if such payment is liable to tax in the hands of such foreign entity in India by virtue of Section 9, Income Tax Act,1961 or Double Taxation Avoidance Agreement (DTAA) entered into with the foreign country. Then Indian entity become liable to deduct TDS … " - Is tds applicable on subscription fees

Is tds applicable on subscription fees

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Witryna2 mar 2024 · The Supreme Court on Tuesday held that tax deductible at source is not applicable to Indian companies for amounts paid to foreign software manufacturers and suppliers for use or re-sale of ... Witryna14 godz. temu · An individual is eligible to receive dividends of Rs 30,000 (Rs 3 X 10,000). As the amount of dividend exceeds Rs 5,000, TDS will be applicable on it. The TDS of Rs 3,000 (10% of Rs 30,000) will be deducted from the dividend amount and the balance Rs 27,000 will be deposited to the individual's bank account.

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Witryna11 kwi 2024 · Clarification w.e.f. 05-04-2024 on Section 192 of the Income Tax Act: Salary TDS. Section 192 of the Income Tax Act, 1961 is applicable to all employers … Witryna29 kwi 2010 · 29 April 2010 AS FAR AS I AM CONCERNED IT WILL NOT COME WITHIN THE PURVIEW OF TDS. LET OTHER EXPERTS GIVE THEIR OPINION. Any Membership Fees/Subscription Fees Paid to Such Institute are not covered under TDS. As said by Sanjay ji, this doesn't amount to Professional or Technical service. You …

Witryna14 kwi 2024 · TDS is applicable on Post Office FDs if the interest earned exceeds ₹40,000 in a financial year. The TDS rate is 10% of the interest earned. If the investor’s total income is below the taxable limit, they can submit Form 15G/15H to the post office to avoid TDS deduction. Witryna12 lip 2024 · As a result, the sale of computer software as above does not give rise to any income taxable in India. Hence, no TDS is required to be deducted under the provisions of section 195 of the Income Tax Act by a resident end-user/ distributor on purchase of computer software from non-resident entity. Read Complete Order: ITAT …

Witryna29 maj 2024 · On this basis, the AO decided that the subscription fees paid by the Indian customers to the Taxpayer should be taxed in India at the rate of 10% as per … Witryna11 kwi 2024 · Clarification w.e.f. 05-04-2024 on Section 192 of the Income Tax Act: Salary TDS. Section 192 of the Income Tax Act, 1961 is applicable to all employers who are responsible for deducting tax at source from the salaries of their employees. This section applies to all types of employees, including full-time, part-time, and contractual …

Witryna11 sty 2024 · TDS deduction for subscription to Office 365 under Sec 194J of Indian Tax Act. We are a small business with less than 10 subscriptions to Office 365. Our …

Witryna6 gru 2024 · TDS on Subscription Fees and Membership Fees, Income Tax: Issue Id: - 115065 Dated: 12-6-2024 By:-Dhara Sheth : TDS on Subscription Fees and … gadsden alabama is in what countyWitryna29 cze 2024 · What is TDS: TDS is a type of direct tax that is deducted by a person making payments. ... For Advanced Payroll, there is an additional monthly … gadsden al medicaid officeWitryna13 lis 2009 · Tds on Subscription Charges allowable or not. 13 November 2009 Whether Tds to be deducted on yearly subscription services. 13 November 2009 If it … black and white cat beanie booWitryna18 mar 2024 · On purchase of software from a resident TDS shall be deducted @10% under section 194J. On purchase of software from a non-resident TDS shall be deducted under section 195 at the rates in force. (i.e. @ 25% as provided in section 115A or if relevant DTAA provides lower rate than that rate shall apply instead of 25%) black and white cat birthday cardWitryna17 cze 2024 · 7. Shri J.D. Mistry, learned Sr. Counsel appearing for the assessee submitted, the subscription fee received by the assessee from Indian customers for … gadsden al post officeWitryna8 godz. temu · The Income Tax Department has recently enabled the option to download statements of Form 26QB Payments in the Income Tax Portal.. The Finance Act of 2013 introduced section 194IA applicable w.e.f. 01.06.2013, wherein TDS is applicable on sale of immovable property where the sale consideration of the property is equal to or … black and white cat birthday imagesWitryna28 mar 2024 · What is TDS. Tax Deducted at Source or TDS was introduced to collect tax from the source of income. According to the Income Tax Act, anyone making a … gadsden al sheriff dept