Tax on sale of e-books on line
nand b ahuja
(Querist) 26 February 2012
This query is : Resolved
i am selling e-book (prepared by me) through multi level marketing. i am paying commission to the distributors who join the other distributors. i
also pay them some commission and bonus if they meet some target in a month. also there is concept of franchisee commission, i.e.
if a person pays a certain amount in advance, if is given franchisee commission. please let me know what tax (service tax) i have
deduct from distributors, franchisee holders, etc. and what tax i have to pay? mine is proprietoryship firm. this business has
been started from 1/1/2012
Raj Kumar Makkad
(Expert) 26 February 2012
You shall have to deduct TDS as this service come within the ambit of service tax.
Deepak Nair
(Expert) 27 February 2012
Yes. You will have to deduct TDS for any payments issued to the distributers and deposit the deducted amount to the IT department aganst the PAN no. of the distributers.
Better to post this query in www.caclubindia.com
nand b ahuja
(Querist) 27 February 2012
thanks, but please advise me if i have to service tax on sale of e-book, if yes, on what amount. please note cost of e-book is rs.250 and out which i am paying rs.180 in the form of commission. also please note that i am the author of the e-book.
thanks in advance
