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Tds on payment to news agencies (Income Tax)

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This query is : Resolved

Author : Anonymous

( Author )
21 June 2012

HI, Is newspaper is liable to deduct TDS on payment to news agencies ..if yes then under which section


CA PRAVEEN SINGH

( Expert )
21 June 2012

YES..TDS IS TO BE DEDUCTED
U/S 194C..TDS ON CONTRACTOR.
RATE 2% IN CASE OF FIRM & CO
OTHER CASE 1%


Author : Anonymous

( Author )
25 June 2012

thank u sir



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