Tds on commission
This query is : Resolved
Manikandan R
(Querist)
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
Kaushik Joshi
(Expert)
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Taxation of crypto futures in India Fy 2026- 2027
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- Nursery business
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
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
