27 January 2011
We are production house producing tv commercial for advertising agencies. some agencies deduct tax @ 2% us 94c and some deducted @ 10% us 94J. I want to know which section is correct and why there is difference in deduction?
28 January 2011
But we are working in the margin of 15 to 20% and that is also not in all the cases. then how it is possible to run the business where the tds has been deducted @ 10%
28 January 2011
Sorry.. My mistake to write Ad agency in explanation above. Better to deduct tax 194C at 2%. and i dont think it is a professional service.