close x
Home > Experts > Income Tax > TDS on Advertisement Expenses...

Please Wait ..

to your account


Remember Me | Forgot your password?


Sign-up now

Join and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.

Alternatively, you can log in using:

TDS on Advertisement Expenses... (Income Tax)

Report Abuse
This query is : Resolved

( Querist )
23 June 2011

I paid Advertisement Expenses of Rs.29,000/- in Apr 2011 to a Newspaper Agency. Again another bill of Rs.25,000/- and Rs.20,000/- for the Months of May 2011 and June 2011 respectively. Now the total Bills amount to Rs.74,000/-. Since no single bill crossed Rs.30,000/- I did not deduct any TDS. Now my next bill for the month would amount to Rs.25,000/-. Now My aggregate of payments during to the party will exceed Rs.75,000/- and Now on what amount should I deduct TDS - Whether on the last bill alone of Rs.25,000/- or the previous bill of Rs.74,000/- is also liable to deduction of Tax?


( Expert )
23 June 2011

It has to be deducted on old as well as new bills. That means on Rs 74000/- + Rs 25000/-.



You need to be the querist or approved CAclub expert to take part in this query .

Click here to login ( Members Login ) now

Similar Resolved Queries :


Quick Links

back to the top