Tds
This query is : Resolved
PALAK BHATT
(Querist)
02 September 2011
Dear Sir,
Please let me whether TDS is applicable on Advertisement board purchased from a dealer who is registered dealer of VAT and he charged VAT in his Invoice to us. So please tell me whether i am liable to deduct TDS under Section 194C. If i show it in my books as sales promotion expenses, then will TDS provision attract?
Please let me whether TDS is applicable on Advertisement board purchased from a dealer who is registered dealer of VAT and he charged VAT in his Invoice to us. So please tell me whether i am liable to deduct TDS under Section 194C. If i show it in my books as sales promotion expenses, then will TDS provision attract?
Yogesh Agarwal
(Expert)
02 September 2011
Dear Palak,
If you have purchased a board permanently and no service element is involved then you are not required to deduct TDS even if you show it under the P/L account as business Promotion or Advertisement Expenses....
Regards!!
If you have purchased a board permanently and no service element is involved then you are not required to deduct TDS even if you show it under the P/L account as business Promotion or Advertisement Expenses....
Regards!!
PALAK BHATT
(Querist)
03 September 2011
Thank you sir.
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