Tds on advertisement
This query is : Resolved
Dharmendra Lo
(Querist)
25 May 2016
Hello,
Kindly please suggest that should i deduct tds on advertisement on net amount(Excluding S.tax) or gross amount(Including S.tax) ?
For Example :- Ads Charges :- 32500/- S.tax :- 4713 Gross amount :- 37213
Now should i deduct TDS on 32500 or 37213..
Kindly please inform ASAP..
Kindly please suggest that should i deduct tds on advertisement on net amount(Excluding S.tax) or gross amount(Including S.tax) ?
For Example :- Ads Charges :- 32500/- S.tax :- 4713 Gross amount :- 37213
Now should i deduct TDS on 32500 or 37213..
Kindly please inform ASAP..
Rupesh Jain
(Expert)
25 May 2016
tds will deduct on rs. 32500/- @1% on huf and individual and 2% on others.
Message likes :
1 times
Ganeshbabu K
(Expert)
25 May 2016
No TDS on Service Tax if shown separately
CIRCULAR NO. 1/2014 ,DATED 13-1-2014
CIRCULAR NO. 1/2014 ,DATED 13-1-2014
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
- Reward for festival
- 18% Rent a cab
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- TDS Return Statement Status
- Rectification under processing even after 6 months cpc portal
- Closer of business and itc of capital goods
- Capital gain on commercial property and investment in residential property
- Movement of goods by packers and movers - type of sale - Reg.
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
