TDS rate for advertsement contracts

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Querist : Anonymous

Querist : Anonymous (Querist)

22 January 2011 What is the TDS rate applicable for advertisement contract to a non resident for the financial year 2010-11 ???

CA Shailesh Kumar Bhagat (Expert)
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22 January 2011 basic rate of TDS under sec 195 is 40%. In your case sec 195 will apply.

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