tds
This query is : Open
28 June 2009
IF CUSTOMER PAYS ADVERTISEMENT EXP ON BEHALF OF US THEN WHAT SHOULD BE THE TDS TREATMENT FOR THAT ADVERTISEMENT EXP IN OUR BOOKS?
28 June 2009
If ur customer has paid to advertisement agency then liability for TDS is of ur customer and not urs. You need not to do anything but to reimburse the expenses.
If we do the technical analysis of section 194C, we got that the liability of TDS is of the person who is paying to the RESIDENT CONTRACTOR for DOING ANY WORK UNDER THE CONTRACT.Since, u donot have any contract with contractor and u r not paying to him directly, you are not liable for to deduct tax from contractor.
If we do the technical analysis of section 194C, we got that the liability of TDS is of the person who is paying to the RESIDENT CONTRACTOR for DOING ANY WORK UNDER THE CONTRACT.Since, u donot have any contract with contractor and u r not paying to him directly, you are not liable for to deduct tax from contractor.
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30 June 2009
But here we are claiming exp in our books then we have to deduct the tax. If my coustomer dedudt the tax then what will be name of deductor?
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