I want to know about the TDS for advertisement bill for Rs.31000/- inclusive of tax. in that I have made payment of Rs.10000/- towards advance payment . the remaining 21000/- should I deduct TDS?? if yes please explain me
24 May 2016
as per section 194C if your payment single payment Rs. 30000/- or during the year rs.75000/- you have to deduct TDs @1% for individual or HUF and 2% for Company and partner ship firms.