Tds on barter transaction
This query is : Resolved
14 February 2015
HELLO FRIENDS,
IS TDS DEDUCTIBLE IN A SITUATION WHERE ADVERTISEMENT EXPENSES ARE SETTLED BY PROVIDING THE GOODS MANUFACTURED BY THE COMPANY TO ADVERTISEMENT AGENCY ?
IS TDS DEDUCTIBLE IN A SITUATION WHERE ADVERTISEMENT EXPENSES ARE SETTLED BY PROVIDING THE GOODS MANUFACTURED BY THE COMPANY TO ADVERTISEMENT AGENCY ?
14 February 2015
Yes TDS applicable on value of advertisement expenses charged in the books of accounts.
14 February 2015
thanks for replying ......let me share the whole situation.....the deal of barter is arranged by a barter trade agent and in the the advertisement invoice issued by the publisher the name of the barter trade agent is mentioned and there is no reference of the companies name.
14 February 2015
thanks for replying ......let me share the whole situation.....the deal of barter is arranged by a barter trade agent and in the the advertisement invoice issued by the publisher the name of the barter trade agent is mentioned and there is no reference of the companies name.
14 February 2015
let the agent endorse the name of the company.
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