TDS on advertising material

TDS 719 views 1 replies

Dear Members

Whether TDS is leviable on Material purchased from the adversing agency?

Thanks in advance...

Replies (1)

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


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register