Rohit R. Agrawal (Partner) (82 Points)
28 November 2011I have a client (company) who purchases time slot from TV channels(company) and other media companies for advertisement as per its clients requirements.
Query: Is TDS to be dedcuted on the payments made to channels, media companies,etc for purchase for time slot for advertisement.
Kindly solve the query.
Thanks in advance.
CA Kumar Mukesh
(CA CMA FINAL and Advance Excel Trainer)
(6881 Points)
Replied 28 November 2011
Yes it covered under section 194(c) TDS should be deducted @ 2%
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