TDS ON ADVERTISEMENT
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 August 2010
WE R CONTINUE GIVING OUR COMPANY ADVERTISEMENT IN MAGAZINE / NEWS PAPER WITH CHARGE OF 3000/- PER MONTH IS IT SUBJECT TO TDS ?
19 August 2010
Sec 194C will be applicable. But as the amount is below threshold limit no TDS to be deducted.
Aditya Maheshwari
(Expert)
19 August 2010
TDS on advertisement deductible u/s 194C.
However Since it is Rs. 3000 p. m. i. e. 36000/- for the year TDS not deductible as below limit for TDS deduction.
The threshold limit for applicability of TDS is Rs.30000 per bill or 75000 per annum billing.
However Since it is Rs. 3000 p. m. i. e. 36000/- for the year TDS not deductible as below limit for TDS deduction.
The threshold limit for applicability of TDS is Rs.30000 per bill or 75000 per annum billing.
19 August 2010
TDS under Section 194C will apply, but since the annual outgo is only Rs. 36000/- (below the threshold limit) , No TDS is deductible.
PANKAJ KHURANA
(Expert)
19 August 2010
TDS on advertisement deductible u/s 194C.
However Since it is Rs. 3000 p. m. i. e. 36000/- for the year TDS not deductible as below limit for TDS deduction.
The threshold limit for applicability of TDS is Rs. 30000 per bill or 75000 per annum billing.
However Since it is Rs. 3000 p. m. i. e. 36000/- for the year TDS not deductible as below limit for TDS deduction.
The threshold limit for applicability of TDS is Rs. 30000 per bill or 75000 per annum billing.
Aditya Maheshwari
(Expert)
19 August 2010
Wow!!!
Pankajji your reply and my reply are word to word similar without difference of even any comma or full stop in the replies. Ditto same.
Pankajji your reply and my reply are word to word similar without difference of even any comma or full stop in the replies. Ditto same.
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