Tds on advertisement

This query is : Resolved 

08 April 2015 Whether TDS is to be deducted on payment made directly to Lok Prakashan ltd.(Gujarat Samachar) for advertisement in newspaper?

08 April 2015 yes if it crosses the sepcified limits

08 April 2015 Yes. Provisions of 194C attracted. TDS to be deducted if threshold limit is crossed.

Threshold limit:
Single Bill/Payment Rs 30000/-
Annual Total Rs 75000/- p.a.

TDS rate:
Individual/HUF @1%
Others @2%
No PAN @20%


08 April 2015 I Agree with Mr Gupta.



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