banner_ad

Ad agency

This query is : Resolved 
Profile Image

Profile Image

(Querist)
06 September 2012 one of my claint do ads/ road shows of companies on contract basis and receive amount from those companies along with Tax deduction. u/s 194j.
he receives 17,50,000/-(seventeen lakhs Fifty thousand) and tds of rs.1,75,000/- was deducted.
Is this business comes under Business income or Professional Receipt. and is it need to be audited u/s44ab?
Profile Image

Praveen Kumar Rathi

Profile Image

Praveen Kumar Rathi (Expert)
07 September 2012 Yes he will liable for Audit.
Profile Image

CA VISHNU GAVKARE

Profile Image

CA VISHNU GAVKARE (Expert)
08 September 2012 if he makes an add and then publish then no but if he makes road shows then yes he is liable....
Profile Image

Pankaj Kothari

Profile Image

Pankaj Kothari (Expert)
08 September 2012 Mr Rathi is Correct
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 05 May 2026
ARTICLED ASSISTANT

JS ADVISORS

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
26 April 2026
Chartered Accountant

Source HR

Mumbai

CA

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
ARTICLESHIP 02 May 2026
Accounts and Audit Assistant

Kothawade and Laddha

Thane

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
01 May 2026
Chartered Accountant

Agrawal Jain & Co.

Raipur

CA

View Details
Company
29 April 2026
Associate - Audit, Tax & Compliance

Open Co Consulting LLP

New Delhi

B.Com

View Details