Tds on advertisement

This query is : Resolved

Jiwan singh (Querist)
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04 August 2018 sir,
we pay 32000/ agst one bill to amar ujala for advertisement of our private coaching institute . in this bill tds applicable or not (in one year only payment 32000 ) IT IS A PARTNERSHIP FIRM TURNOVER APPROX 4000000 PY

CA Shiv Kumar Sharma

CA Shiv Kumar Sharma (Expert)
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04 August 2018 If TAN Number is alloted to you, your transaction is liable to TDS

RAJA P M

RAJA P M (Expert)
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04 August 2018 If You are under Tax Audit Assessee then You ll be deduct TDS. If not under Tax Audit then no need to deduct TDS...

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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05 August 2018 TDS applicable payment exceeds more than 30000/-to payee you are liable to deduct TDS u/s 194 C .
If you are not falling tax audit u/s 44AB not compulsory to deduct TDS.