TDS Issue???


This query is : Open 

21 May 2011 Whether i am liable to deduct Tax at source on payment of Sales promotion Expense beyond Rs. 75000??? Should i treat it as a contract????

21 May 2011 You have not mentioned that how you are promoting sales and nature of payment. whether it is for marketing, advertising, agency or others. I assume that it is Sales promotion expenses comes under advertisement and hence it is contract. deduct TDS u/s. 194C.

22 May 2011 Yes, Nature of expenses need to be mentioned clearly for decide the TDS applicability


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