Tds
This query is : Resolved
08 October 2011
DEAR SIR, I AM ANAND I NEED HOW MUCH TDS % APPLICABE TO ADVERTISING BILL
08 October 2011
Where payment is to an individual/huf-1%
others-2%
others-2%
08 October 2011
The section 194C is applicable only when the contract is either a "work contract" or a "contract for supply of labour for works contract". The expression "work" includes ADVERTISING, broardcasting and telecasting including production of programmes, carriage of goods and passenders by any mode of transport other than by railways, and catering.
Income Tax is to be deducted at source @ 1% if the contractor/sub contractor payee is an individual or HUF. Payment of amounts to persons other than Individual/HUF would attract TDS rate of 2%.
No tds if single transaction does not exceed 30000 OR Aggregate of the year does not exceed 75000
Income Tax is to be deducted at source @ 1% if the contractor/sub contractor payee is an individual or HUF. Payment of amounts to persons other than Individual/HUF would attract TDS rate of 2%.
No tds if single transaction does not exceed 30000 OR Aggregate of the year does not exceed 75000
08 October 2011
Agreed with Experts
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Stamp Paper for partnership firm change new income tax 2025
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- SFT Cash Deposit in Current Account
- Annual return in Gst
- When TDS on GST applied
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
