Tds on advertisement
This query is : Resolved
GAUTAM THAKUR
(Querist)
18 June 2012
Respected sir,
My Query was i had to incur Rs 21000 on advetisement ... do i need to apply TDS on it And if , then which section ?
My Query was i had to incur Rs 21000 on advetisement ... do i need to apply TDS on it And if , then which section ?
CA PRAVEEN SINGH
(Expert)
18 June 2012
For one bill.Tds is to be deducted is amount is exceeding Rs 30000.
you bill amount is RS 21000.00 no need to deduct tds.
you bill amount is RS 21000.00 no need to deduct tds.
Deepak Gupta
(Expert)
18 June 2012
Advertising contracts are covered under section 194C. According to it no tds need to be deducted if single transaction not exceeding Rs.30000/- and aggregate annual value does not exceed Rs.75000/- with a single vendor.
Thus you need not to deduct tds in this case.
Thus you need not to deduct tds in this case.
CA CS Amit S. Kedia
(Expert)
18 June 2012
TDS will be deducted u/s 194C only if yearly payment to party exceeds Rs. 75,000 or one time payment exceeds Rs. 30,000.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- MSME disclosure and disallowance
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Taxation of crypto futures in India Fy 2026- 2027
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
