TDS on advertising contract

This query is : Resolved

Rupok Neog (Querist)
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23 July 2009 We deduct TDS on advertising contract @1%. Say, our office has given a advertise in Assam Tribune News Paper.
If Assam Tribune directly submits their bill in our office shall we deduct tds in that case.

Kaushal

Kaushal (Expert)
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23 July 2009 yes you still need to deduct TDS on the payment made.

Keep in mind that w.e.f.1-10 TDS shall be 2% for advertising contract for Assam Tribune.

Rupok Neog

Rupok Neog (Querist)
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23 July 2009 Thank you Sir for your suport.
Sir you stated that tds shall be 2% on advertising contract w.e.f. 1-10. Can u please tell me from when it will be affected.I want to know the exact date

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