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Prepayment

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(Querist)
23 October 2013 respected Sir/Madam,
i wanted to know how is sponsorship different from advertisement also tds incidence on the same.

thank you
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CA Suresh kumar panda

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CA Suresh kumar panda (Expert)
29 October 2013 In sponsorship the sponsor organises whereas in advertisement its only a part. Sponsor may charge others for the advertisement.

TDS is applicable as per 194C in sponsorship. Reverce charge is applicable for service tax
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mohd arbaz khan

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mohd arbaz khan (Querist)
02 November 2013 Thanks a lot sir,

your suggestion was of a great help for me.
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