TDS on promotion expenses
SUMIT BADYAL (709 Points)
08 January 2021
hi, TDS rate on promotion expenses.
2 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 08 January 2021
No tds is required for promotion expenses
Krishna Chaudhary
(Accountant)
(4531 Points)
Replied 09 January 2021
According to the Section 194C of the Income Tax Act, any individual making a fee to a residential individual, who carries out 'work' as a contract between the 'specified individual' and the 'resident contractor,' is obliged and required to deduct TDS (Tax Deducted At Source)
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