Tds deducted from newpaper adv payment?
This query is : Resolved
29 June 2012
Please let me know, can i deduct TDs form newspaper adv. payment.
Example :
If i will give one Adv in Times of India. and we are agency of times of India then can i deduct tds of 2% from such payment?
Example :
If i will give one Adv in Times of India. and we are agency of times of India then can i deduct tds of 2% from such payment?
29 June 2012
Yes you have to deduct TDS on advertisement given to newpaper agency.
deduct 1% in case of indiviual and 2% for others.
deduct 1% in case of indiviual and 2% for others.
29 June 2012
YES. TDS IS DEDUCTED FOR PAYMENT MADE TO PAPER MEDIA FOR ADVERTISEMENT U/S 194 C.
AS FOR AS ONE BIL.CHECK AMOUNT OF BILL.IF EXCEEDING Rs 30000 THEN TDS IS TO BE DEDUCTED.
ANNUALLY EXCEEDING Rs 75000
RATE 2% IN CASE OF CO
1% IN OTHER CASE.
AS FOR AS ONE BIL.CHECK AMOUNT OF BILL.IF EXCEEDING Rs 30000 THEN TDS IS TO BE DEDUCTED.
ANNUALLY EXCEEDING Rs 75000
RATE 2% IN CASE OF CO
1% IN OTHER CASE.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- Defective Return - Tds on advance
- Income Type for interest from government bonds
- TCS ON SOFTWARE SALES
- Not a CA , can we prepare balance sheet
- Valuation of diamonds as on 01.04.2001
- What is meaning of merging of expenses or income in accounts
- Accounting treatment of write off sundry debtors
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- GST RCM not shown in GSTR-3B
- Bill from Dispatched from issue.
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
