Tds on advertisement
This query is : Resolved
30 July 2013
This is proprietorship firm. It was under audit last year. We paid an amount to advertisement agency to publish notice for Rs. 10000 without TDS in April 2013. In July 2013 we have to pay Rs. 117000 against advertisement. Should TDS be applicable on public notice? On which amount should i deduct TDS.
Thanks & regards.
Thanks & regards.
30 July 2013
Yes TDS required to be deducted u/s 194C.
You need to deduct TDS on Rs 117000/-
Rate:
Individual/HUF @1%
Others @2%.
You need to deduct TDS on Rs 117000/-
Rate:
Individual/HUF @1%
Others @2%.
30 July 2013
you have to deduct tds on 127000/-
30 July 2013
Yes. If TDS on Rs 10000/- was not deducted earlier the same should be deducted from payment of July. Therefore TDS to be deducted on Rs 127000/-
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
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
