Tds on advertisement.
This query is : Resolved
05 August 2014
Dear Experts I have paid Rs.87380/- (single Bill) to printers who make flex banners in the name of mine. The Bill details is here below; PVC Materials 44000.00
Vat @ 14.5% 6380.00
Labour & Transport 37000.00
Total ---------
87,380.00
--------------------------------
My query is whether I have deduct TDS for Full Bill Value or only portion of Labour & Transport i.e., Rs.37,000/- Please advise in this regard. Thanks in Advance.
Vat @ 14.5% 6380.00
Labour & Transport 37000.00
Total ---------
87,380.00
--------------------------------
My query is whether I have deduct TDS for Full Bill Value or only portion of Labour & Transport i.e., Rs.37,000/- Please advise in this regard. Thanks in Advance.
05 August 2014
I think you should deduct TDS on whole amount as you have received single bill. If materials bill separately received then no need to deduct TDS on material portion.
05 August 2014
It is purchase of goods rather than advertisement contract, so no need to deduct TDS
05 August 2014
It is purchase of goods rather than advertisement contract, so no need to deduct TDS
05 August 2014
There is no TDS on transportation and purchase of goods. Hence no need to deduct the tds.
06 August 2014
We have not purchasing any goods from him only give him to make flex banners.
06 August 2014
Since the material is not supplied by you, it is a case of sale/purchase. So no TDS
06 August 2014
Materials not supplied by us only the cost we paid to party who make flex banners. The Printer supplied bill for Rs.87,380/- This Bill Under what head we have to account. Because it is purely goes to Advertisement.
Thanks in Advance
Thanks in Advance
06 August 2014
If you have not supply material, it is a case of sale/purchase so No tds is applicable regardless of what you have shown in your books.
Message likes :
1 times
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.
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- SFT Cash Deposit in Current Account
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- TDS APPLICABILITY......
- Copyright software
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
