Income tax - tds
This query is : Resolved
CA Siddesh Jagdale
(Querist)
26 October 2013
Hi Team,
We are currently paying Press release bill to a company ie PR Newswire. What will be the TDS rate ? is 194J or 194C
We are currently paying Press release bill to a company ie PR Newswire. What will be the TDS rate ? is 194J or 194C
Ganeshbabu K
(Expert)
26 October 2013
you have not provided service availed from PR newswire
.
.
HOWEVER IF IT IS ADVERTISING CONTRACT TDS CAN BE DONE AS PER 194C
.
.
if service availed involve any professional work tds 194J will be applicable
.
.
HOWEVER IF IT IS ADVERTISING CONTRACT TDS CAN BE DONE AS PER 194C
.
.
if service availed involve any professional work tds 194J will be applicable
CA Siddesh Jagdale
(Querist)
26 October 2013
They issue press release onbelf of our company
CA Siddesh Jagdale
(Querist)
26 October 2013
For eg. 1) joinig of New sales director 2) some achievements etc. Such type of release
26 October 2013
In my opinion it would be advertising contract and liable for TDS u/s 194C.
Nikhil Kaushik
(Expert)
26 October 2013
Agreed with Swati. Should be covered under 194C.
CA Siddesh Jagdale
(Querist)
26 October 2013
If press release write up is also written by PR company ..so its a professional service ..then ?
CMA Ramesh Krishnan
(Expert)
26 October 2013
drafting PR write up will come under 194J & release expenses can be considered under 194C
Ganeshbabu K
(Expert)
26 October 2013
if there is no seperate bill for drafting and advertising
.
.
recommended to deduct tds 194J
.
.
recommended to deduct tds 194J
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
Unanswered Queries
- Gst credit note by supplier
- Movement of goods by packers and movers - type of sale - Reg.
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Missed uploading GST Invoice
- Query on effect of registration of property
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
