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tds on barter deal

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(Querist)
12 March 2009 Hi!Everyone

I want to know that we deal with the another party against Barter Deal of Advertisement. When We / they will raise the Barter invoice in amount to us/them, we shall deduct the TDS on that invoice or not.



Pls give me reply

thanx

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CA Ashutosh Kumar Mishra

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CA Ashutosh Kumar Mishra (Expert)
13 March 2009 TDS deduction liability has arriese when party credited of payment which ever is earlier. so, TDS must be deduct.

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