Can anybody provide their insights on TDS on band performance services?
TDS on Band Performance services
Sanjay Lakhotia
Navigating TDS Complexities for Band Performances: Professional Fees, Contractual Nuances, and Tax Withholding Obligations Under Sections 194J and 194C A discussion forum explored Tax Deducted at Source (TDS) for band performance services. The analysis covered key legal sections (194J and 194C) governing professional and contractual performance fees, highlighting TDS rates, thresholds, deduction requirements, and considerations for resident and non-resident performers. The guidance emphasized the event organizer's responsibility to correctly withhold and report taxes based on specific contractual arrangements. (AI Summary)