Dear Friend & Seniors
What is the rate of TDS on Advertisement in the case of individual and company both.
8 Replies
Devendra
(Chartered Accountant)
(4775 Points)
Replied 04 September 2011
TDS on Advertisement u/s 194C
Individual / HUF - 1%
Company / Regd. P'ship Firm - 2%
Deductee without PAN - 20%
Regards,
Devendra K
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 04 September 2011
| Originally posted by : Devendra | ||
 |
TDS on Advertisement u/s 194C Individual / HUF - 1% Company / Regd. P'ship Firm - 2% Deductee without PAN - 20% Regards, Devendra K |
 |
agreed
TRILOCHAN
(SENIOR ACCOUNTANT)
(698 Points)
Replied 05 September 2011
I% on Individual & HUF
2% on others
20% in case PAN not available
Hitesh Kaila
(TAX CONSULTANT)
(270 Points)
Replied 05 September 2011
TDS on Advertisement u/s 194C
Individual / HUF - 1%
Company / Regd. P'ship Firm - 2%
Deductee without PAN - 20%
Ramanuj
(Accountant.)
(834 Points)
Replied 05 September 2011
TDS on applicable advertisement u/s 194c
I% on Individual & HUF
2% on Company & Firm
20% in case PAN not available
CA PRAVEEN SINGH
(MANAGER ACCOUNTS)
(2277 Points)
Replied 05 September 2011
Agreed with above...
TDS ON ADVERTISEMENT COVERED IN U\S 194 C...PAYMENT TO ADVERTISEMENT CONTRACT..
IF PAYEE IS INDIVIDUAL\HUF THEN RATE APPLICABLE 1 %
OTHERTHAN ABOVE....................................................................2%
IF PAYEE NOT HAVE PAN THEN RATE....................................20% APPLICABLE
CA PRAVEEN SINGH
(MANAGER ACCOUNTS)
(2277 Points)
Replied 05 September 2011
Agreed with above...
TDS ON ADVERTISEMENT COVERED IN U\S 194 C...PAYMENT TO ADVERTISEMENT CONTRACT..
IF PAYEE IS INDIVIDUAL\HUF THEN RATE APPLICABLE 1 %
OTHERTHAN ABOVE....................................................................2%
IF PAYEE NOT HAVE PAN THEN RATE....................................20% APPLICABLE
CA PRAVEEN SINGH
(MANAGER ACCOUNTS)
(2277 Points)
Replied 05 September 2011
One point is to remember my friend,if single bill payment of advertisement is Rs 30000..of above or overall anually payment is Rs 75000 or above,then question of TDS is arise,otherwise not.no tds is deducted
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