Tds %

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Prashant (Querist)
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15 May 2017 Dear,

We are in advertising agency and we provide various services to one of our client as print media and design.

If he is deducting 10% on each services is it allowable or he has to deduct 2% on print media and 10% on design.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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15 May 2017 2% TDS applicable u/s 194C in case of printing work and for design work 10% TDS applicable.

Prashant

Prashant (Querist)
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15 May 2017 Sir, You are right. But want a confirmation whether he should deduct 2% instead of 10% on advertisement or 10% is ok

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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15 May 2017 He has to deduct 10% on your commission income on such advertisement and not on entire payment.

Prashant

Prashant (Querist)
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15 May 2017 Sir, I am issuing 2 separate invoices 1) Print Media & 2) Design.
He is deducting 10% tds on both invoices.
Is it correct.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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16 May 2017 You give break up in your invoice for your charges on print media so that he will deduct 10% on your charges.

Mayur

Mayur (Expert)
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16 May 2017 Mr. Prashant, In that case TDS is to be deducted at respective rates only. I.e. 2% on print media and 10% on design. if you have a combined invoice then @10 % on total amount

Mayur

Mayur (Expert)
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16 May 2017 let me know if you still have doubt. Mayur M. no. 8530089839

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