hi guys
i m recruited in an advertisement company and want 2 get known to accounting treatments & tax implication regarding the specified company..... you can provide link also...
praveen
(Chartered Accountant)
(6971 Points)
Replied 06 January 2013
Please be specific.
I think you will have a lot to deal with service tax
of course TDS could be pain. especially reconciliation with 26AS , collecting Form 16's and so on.
Invoicing will be based on the number of days or months so advertisement contracts have to studied properly by you before invoicing.