Tds deduction on advertising agencies bill
This query is : Resolved
21 December 2016
An agency given an invoice for Rs.146960/- for putting our society Ad in news papers of South and North India + Service Tax Rs.3307 Total Rs.150267/- My question is I have to deduct TDS as per 194 C from which amount. I know in a bill 15% is their commission. Kindly help. From Rs.146960/- or Rs.22044/-
An agency given an invoice for Rs.146960/- for putting our society Ad in news papers of South and North India + Service Tax Rs.3307 Total Rs.150267/- My question is I have to deduct TDS as per 194 C from which amount. I know in a bill 15% is their commission. Kindly help. From Rs.146960/- or Rs.22044/-
21 December 2016
First state whether u r going to pay the commission or the Advertisement fees? Coz there are separate sections under which TDS is to b deducted.
21 December 2016
It's Advertising Fees
21 December 2016
Then u need to deduct TDS u/s 194C only, on Rs. 1,46,960/- i.e, on amount exclusive of service tax.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Tds on building rent monthly
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- RCM INVOICING FROM NOV-2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
Trending Online Classes
CAclubindia
