Tds on commission
This query is : Resolved
07 May 2016
Dear Experts,
I have received a bill from advertisement agency by charging 100,000 as space allotted to news paper and adding 5% commission 5,000.
total bill value is 105,000/-
Please clarify i have to deduct tds u/s 194H for 5000/- or u/s 194C for 105,000/-
07 May 2016
TDS to be deducted under section 194C on Rs 105000/-
07 May 2016
In my opinion 194C for 105000.
Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615
Note : If you find our reply useful. Please Score us by clicking on "THANK USER"
Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615
Note : If you find our reply useful. Please Score us by clicking on "THANK USER"
Message likes :
2 times
07 May 2016
Dear Querist,
In the case mentioned by you, substantial part is comprised of the nature of advertising expense, hence it is recommended that you deduct u/s 194C on the whole amount of Rs.1,05,000/-.
In the case mentioned by you, substantial part is comprised of the nature of advertising expense, hence it is recommended that you deduct u/s 194C on the whole amount of Rs.1,05,000/-.
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
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- Taxable or Tax exempt
- NRI starting business in India
- ADVANCE PAYMENT OF ADVOCATE
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- GST not cancelled by tenant
- GST rate and HSN code for sale of racing horses
- DIN reactivation
- TDS Deducted AY-2013-14 Not Reflected in 26as
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
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
