A firm undertakes marketing activities for another company (thus being a marketing agent) and collects payments from clients on behalf of the Company. As per the agreement, the marketing agent forwards the amount collected from clients to the Company after deduction of its Commission. In such case, who deducts and deposits the TDS and under what section?
TDS on Marketing Services
Arunabha Acharya (Assistant Manager - Legal & Secretarial) (76 Points)
12 December 2011
CAclubindia
