Tds %
This query is : Open
15 May 2017
Dear,
We are in advertising agency and we provide various services to one of our client as print media and design.
If he is deducting 10% on each services is it allowable or he has to deduct 2% on print media and 10% on design.
We are in advertising agency and we provide various services to one of our client as print media and design.
If he is deducting 10% on each services is it allowable or he has to deduct 2% on print media and 10% on design.
15 May 2017
2% TDS applicable u/s 194C in case of printing work and for design work 10% TDS applicable.
15 May 2017
Sir, You are right. But want a confirmation whether he should deduct 2% instead of 10% on advertisement or 10% is ok
15 May 2017
He has to deduct 10% on your commission income on such advertisement and not on entire payment.
15 May 2017
Sir, I am issuing 2 separate invoices 1) Print Media & 2) Design.
He is deducting 10% tds on both invoices.
Is it correct.
He is deducting 10% tds on both invoices.
Is it correct.
16 May 2017
You give break up in your invoice for your charges on print media so that he will deduct 10% on your charges.
16 May 2017
Mr. Prashant, In that case TDS is to be deducted at respective rates only. I.e. 2% on print media and 10% on design. if you have a combined invoice then @10 % on total amount
16 May 2017
let me know if you still have doubt.
Mayur
M. no. 8530089839
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