tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 May 2010
can tds will de deducted on sales promotion
16 May 2010
Its no where specified in Income Tax Act, that the TDS would not be deducted on speciific expense. Sales promotion is something related to advertisement and it would fall in defination of contract. So, TDS would be deducted on it @ 2% under section 194C.
Further, the TDS would be 20% if the PAN no. is not obtained from the respective supplier or contractor. And one more thing, the TDS rate would be 1% in case of individual or HUF and in all other cases, it would be 2 %.
Further, the TDS would be 20% if the PAN no. is not obtained from the respective supplier or contractor. And one more thing, the TDS rate would be 1% in case of individual or HUF and in all other cases, it would be 2 %.
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
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- Section 50-fixed asset-->building ceases to exist
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Putting a heading on received mail
- Reprocessing of rectification order AY 2025-26
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Regarding Applicability of Tax Audit u/s 44AB
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
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
