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TDS for Societies registered under 1860 act

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..... TDS for Societies registered under 1860 act
Query (Issue) Started By: - Ujai M Dated:- 24-10-2011 Last Reply Date:- 26-10-2011 Income Tax
Got 3 Replies
Income Tax
We are registered under .....

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..... society act 1860 and have 12A and 80G certificates. We are now doing environment awareness streetplays organized by another ngo. How much TDS they should deduct, if the payment is above Rs 40,000/- ? .....

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..... Pls respond ujaidr at gmail com Reply By Ujai M: The Reply: Also, can this work be considered contractual and be covered under section 194c of income tax act? Reply By DEV KUMAR KOTHARI: The Repl .....

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..... y: Your institution is carrying activity in pursuit of object of society and not for profit or gains. The activity is in area of public service for benefit of public at large by creating environment .....

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..... awareness through street plays organized by another ngo.Your income will be exempt and not taxable. Therefore, there should be no TDS as per an old circular (you can search on this website). To play s .....

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..... afe, you apply to your AO and obtain a certificate for nil TDS. Reply By Ujai M: The Reply: Happy Deepawali and thank you for your response Dev ji. I am now trying to search it. Meanwhile, that orga .....

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..... nization deducted 10% tds on a payment of 45k. We will also try to get in touch with the AO, but you know how it goes with the IT officers..
Discussion Forum - Knowledge Sharing .....

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