04 August 2018
sir, we pay 32000/ agst one bill to amar ujala for advertisement of our private coaching institute . in this bill tds applicable or not (in one year only payment 32000 ) IT IS A PARTNERSHIP FIRM TURNOVER APPROX 4000000 PY
05 August 2018
TDS applicable payment exceeds more than 30000/-to payee you are liable to deduct TDS u/s 194 C . If you are not falling tax audit u/s 44AB not compulsory to deduct TDS.