08 February 2019
How much % is applicable on News Purchases from individuals (Like freelance journalists) How much slab is applicable and under what section it comes, Please explain
09 February 2019
This should attract Tds @10% U/S 194J of Income Tax Act,1961. U/S 194J, Tds is required to be deducted @10% on amount of payment or amount credited whichever is earlier. Threshold limit U/S 194J is ₹30,000, ecedding which is subject to deduction of TDS. For further information, you may login to www.wealth4india.com or speak to our expert @9266242424
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