Tax Consultant
1559 Points
Joined June 2009
Mr.Swohra
Please refer subsection (3) of section 194C wherein it has been clarified that when any sum is paid or credited for carrying wourt any work (advertising is included in the definition of work) tax shall be deducrted at source-
(i) on the invoice value excluding the value of material, if such value is mentioned separately in the invoice; or
(ii) on the whole of the invoice value, if the vlaue of material is not mentioned separately in the invoice.
Hope you have got the clarification.
Best wishes
Sathikonda