Tds on news purchase


This query is : Resolved 

08 February 2019 How much % is applicable on News Purchases from individuals (Like freelance journalists)
How much slab is applicable and under what section it comes, Please explain

09 February 2019 This should attract Tds @10% U/S 194J of Income Tax Act,1961. U/S 194J, Tds is required to be deducted @10% on amount of payment or amount credited whichever is earlier. Threshold limit U/S 194J is ₹30,000, ecedding which is subject to deduction of TDS. For further information, you may login to www.wealth4india.com or speak to our expert @9266242424


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