Tds on hoarding rent exp.

This query is : Resolved

anckoora (Querist)
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16 October 2012 Dear Experts,

We give our product's advertisement in Print-Media, Hoardings etc.

In case of Hoarding Rent, our ad agency gives us bill as : "Hoarding (size 10 x 20) at ...area in (name of city) for Sepr 2012".

Actually such bill is for Hoarding Rent. On such bill, how much TDS we have to deduct - 2% under 94C or 10% under 94I ?

Pl. guide me.

thanks in advance.
anckoora.

CA. Jatin Gupta

CA. Jatin Gupta (Expert)
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16 October 2012 contract for putting of hoarding is in the nature of advertising contract and so provisions of sec 194C would be applicable. Deduct it at 2%.