Tds on news agency


04 February 2017 If a Newspaper house giving commission to News Agency for distributing news paper.Whether TDS is applicable on this payment.Remind it is NEWS Agency not Advertising Agency. Because as i am sure about the information that as per latest circular TDS is not applicable on amount paid to Advertising Agency as it is considered as Discount but my confusion is on the amount paid to News Agency.Please reply fast.

04 February 2017 Yes Tds will attract at 5% rate.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries