TDS on Barter deal
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 March 2010
Dear All,
Can v deducted TDS on barter deal and if Yes or no how v pass in accounting effect.please provide me solution on this issue.
Barter deal is 200000/- from each side.He was provide me advertisment and my company provide rent a car.
With Regards,
Girish
Can v deducted TDS on barter deal and if Yes or no how v pass in accounting effect.please provide me solution on this issue.
Barter deal is 200000/- from each side.He was provide me advertisment and my company provide rent a car.
With Regards,
Girish
27 March 2010
Both parties must have credited each other with an amount of Rs. 2L. TDS attracted on crediting of the amount to the account of the payee. Both party must deduct TDS on 2L as per applicable sections.
Mode of discharge is not relevant.
Mode of discharge is not relevant.
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
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Inventory of finished goods
- Applicability of Ind As to associate of associate
- Sale of property furniture sale
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Confusion around Form 26QB fields
- Filing of Form 10BB instead of Filing Form 10B
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Last year input claim shown in gstr9
- GST Registration Cancellation books of accounts asked by officer
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- HSN Details in IFF/GSTR-1 & in GSTR 9
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
