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Tds on payment of advertisment bill

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03 March 2015 I have to pay advertisment bill amounts to Rs. 60,000/-. is TDS applicable on it. if yes than at what rate and under which section??

Kirti Shah
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
03 March 2015 TDS will apply u/s.194C. Incase single payment exceeds Rs.30000 and bill value for entire year exceeds Rs.75000. rate will be 1% in case of non corporate deductee and 2% for corporate deductee

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