Tds on business promotion expense
This query is : Resolved
Priyansh Jain
(Querist)
06 November 2018
TDS On Business Promotion Expense - Is It Liable for TDS ,IF Yes then which Section , IF Not Reasons or Case Laws if any !!
CA Suresh Jain
(Expert)
07 November 2018
Business promotion expenses are consisting of many things - from free distribution of items to seminar expenses, food and beverage expenses to Professional service to advertising and commissions are also booked as Business Promotion expenses. If they are in the nature of payment to professional, advertising Companies, commission agents or against contracts e.g. catering etc., then the same are liable for TDS. You need to examine each transaction.
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