Advertisingment

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sharad

sharad (Querist)
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21 October 2012 Advertisement in newspaper is taxable or not

CA Amit Jaiswal

CA Amit Jaiswal (Expert)
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21 October 2012 it is an allowable expenditure, provided tds (if required) is deducted

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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22 October 2012 Service tax is not applicable for 'advertisement in news papers'.

PS:- Service tax attracts only for-
a) Sale of space or time for advertising to be broadcast on radio or television.
b)Sale of time slot by a broadcasting organisation.