Tds applicability


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Querist : Anonymous

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Querist : Anonymous (Querist)
23 March 2015 in my company where I am working has one product (energy drink)say "XYZ" in bottles and in tin also. At the time of advertisement of this product company showed a (XYZ-tin)but now company also wants to show a bottle instead of tin.
Therefore we gave this work to another vendor to show XYZ-bottle instead of XYZ-tin. now the bill of party is RS 250000/-.
please suggest me under which section should company charge the TDS?

23 March 2015 Advertisement comes under 194C (as per me), coz there is no Professional qualification involved as such. Hence it would b taxed u/s 194C i,e, TDS on Contractor and sub contractor.

Well, u can also wait for other experts opinion.

23 March 2015 yes agreed with sandeep's view.......

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 March 2015 the advertisement is already been aired but now the changes have been done by another party.

23 March 2015 that does not affect sec 194C's applicability...........

23 March 2015 Ya dear still TDS will b u/s 194C.

But if two parties are involved then u must have to the see the transaction limit for both the parties .

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 March 2015 dear all

thank you for your advice.

23 March 2015 you are welcome friend..........................

23 March 2015 U r Welcome dear....

U can convey ur thanks by hitting the thanks button.

23 March 2015 you are welcome friend..........................


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