Tds on selling advertisement holding whether apply or not

This query is : Resolved

saurabh (Querist)
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16 June 2017 Sir I sold advertisement holding to buyer and charge vat on it as a product sold but buyer deducted TDs at the time of payment considered it as contract service u/s 194c whether it is correct or not.

CA Kapil Verma

CA Kapil Verma (Expert)
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16 June 2017 If you contract include service , on which you have not charge vat. Then TDS need to be deducted.

If it is supply of goods only and vat charge on full amount, no tds need to be deducted.

Regards
Kapil Verma
Founder Taxadvizer.com