Tds on commission
This query is : Resolved
07 May 2016
Dear Experts,
I have received a bill from advertisement agency by charging 100,000 as space allotted to news paper and adding 5% commission 5,000.
total bill value is 105,000/-
Please clarify i have to deduct tds u/s 194H for 5000/- or u/s 194C for 105,000/-
07 May 2016
TDS to be deducted under section 194C on Rs 105000/-
07 May 2016
In my opinion 194C for 105000.
Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615
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Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615
Note : If you find our reply useful. Please Score us by clicking on "THANK USER"
Message likes :
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07 May 2016
Dear Querist,
In the case mentioned by you, substantial part is comprised of the nature of advertising expense, hence it is recommended that you deduct u/s 194C on the whole amount of Rs.1,05,000/-.
In the case mentioned by you, substantial part is comprised of the nature of advertising expense, hence it is recommended that you deduct u/s 194C on the whole amount of Rs.1,05,000/-.
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