TDS deduction
This query is : Resolved
06 December 2010
Good Afternoon Everyone
Sir i work in a private company.our company give advertisement in newspaper magazine on behalf of our client. newspaper company donot charge service tax on invoice. so we have to deduct TDS on net amount please suggest
Thanking you
Deepak Gairola
Sir i work in a private company.our company give advertisement in newspaper magazine on behalf of our client. newspaper company donot charge service tax on invoice. so we have to deduct TDS on net amount please suggest
Thanking you
Deepak Gairola
06 December 2010
Dear Deeoak,
The above transaction will over under the head Contract .. ( 194 C) if single payment exceeds Rs 30,000/- or aggregate anount exceeds Rs 75,0000/-.
TDS shall be @ 2 % on the invoice raised by the client..
The above transaction will over under the head Contract .. ( 194 C) if single payment exceeds Rs 30,000/- or aggregate anount exceeds Rs 75,0000/-.
TDS shall be @ 2 % on the invoice raised by the client..
06 December 2010
Sec 194C applicable. Deduct TDS on total amount of Bill raised by News paper company.
Threshold limit as mentioned above by Vivek Ji.
TDS Rate:
Individual/HUF @1%
Others @ 2%.
Threshold limit as mentioned above by Vivek Ji.
TDS Rate:
Individual/HUF @1%
Others @ 2%.
06 December 2010
Thank you sanjya for your clarification with respect to Rate...
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
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- F & O PROFIT REPORTING FOR AY 2026-27
- Banking Related Issue
- Taxability of credit in canara bank ET & T section (NRO)
- ITR-Capital Gain
- TAX AUDIT QUESTION
- Reporting in TDS return
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- TDS offline utility
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
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
