Applicablity of tds on barter deal
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 January 2012
Sir,
I made a contract of barter deal of an advertising agency that they given my advertisement in newspaper in consideration I supply my product to the agency I want to know that the tds is applicable or not
I made a contract of barter deal of an advertising agency that they given my advertisement in newspaper in consideration I supply my product to the agency I want to know that the tds is applicable or not
04 January 2012
TDS is attracted while on payment or credit whichever is earlier. So you need to deduct TDS when you book the expense as Advertisement expenses provided threshold limit is crossed.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Surcharge on pvt discretionary trust
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
