Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

tds on manufacturer's debits by dealer

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

27 November 2010 My dealer is doing business in Motor vehicles. In Manufacturing Company Statements, he found the some debits towards advertisement and gifts to customers. Is TDS u/s 194C applicable to my dealer

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)

27 November 2010 TDS applicable for actual nature of service expenses, in your case my assumption is manufacturing company done some advertisement expenses and debit the same for reimbursement. in this case you can ask the bills for the same,if they provide no TDS apply , incase they are not provide any bill then TDS will apply subject to thershold limit u/s..194C

Querist : Anonymous

Querist : Anonymous (Querist)

29 November 2010 thanks a lot. Please provide TDS on gifts to customers, Which are debited by Manufacturer

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now