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.