This discussion explores whether TDS (Tax Deducted at Source) needs to be deducted when purchasing leads packages from Justdial. The consensus suggests that if the package is considered an advertising contract, TDS at 2% under Section 194C of the Income Tax Act is applicable. It also touches upon the potential consequences of failing to deduct TDS.
02 January 2020
I have purchased leads package from justdial. which cost Rs 61,400. Should i deduct tds from justdial? If yes What will happen if i donot deduct tds?