Poonawalla fincorps
Poonawalla fincorps

T.D.S

This query is : Resolved 
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(Querist)
17 September 2010 For advertisement expenses in newspaper Rs.70000 paid during the year we have to deduct tds or not
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
17 September 2010 if its a single bill : YES

If its multiple bills : NO (if exp happened after 1/7/10)

If its multiple bills : YES (if exp happened before 1/7/10)
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
22 September 2010 Agree. If it is single bill or payment - TDS applicable otherwise based on thershold limit u/s.194C
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