🇮🇳India

अध्याय शुल्क साझाकरण में TDS गैर-अनुपालन

1 verified sources

Definition

Manual reconciliation of chapter dues sharing fails to deduct TDS on membership fees treated as professional services, triggering penalties and expense disallowances during audits.

Key Findings

  • Financial Impact: ₹10,000+ interest per late TDS + 100% expense disallowance u/s 40(a)(ia); threshold ₹30,000/year
  • Frequency: Annual per member; recurring for arrears
  • Root Cause: Unclear classification of dues as technical services; manual TDS tracking delays

Why This Matters

The Pitch: Industry Associations in India waste ₹10,000+ annually on TDS penalties per member non-compliance. Automation of dues reconciliation ensures TDS deduction, eliminating disallowance risks.

Affected Stakeholders

Chapter Treasurer, Association Secretary, CFO

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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