Dear Forum Members
Pls let me know whether subcription amount of Rs.132000/- paid by a listed comapny for ZEE Tv bucket is liable to TDS.
Regards
1 Replies
CA Anil Jain
(Chartered Accountant)
(696 Points)
Replied 28 December 2007
If it is in the nature of Subscripttion then No tds will be deducted .
But if it is given for the advertisement purpose TDS will be deducted @ the rate of 1%+10%sch(if applicable)+3%sch.
i.e.1.03 or 1.133 as the case may be.
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