TDS rate
This query is : Resolved
G.Syamkumar
(Querist)
22 December 2009
sir/madam
I want to know the rate of tds deducted from payments made in connection with advertisement bill and also for other type of payments.
I want to know the rate of tds deducted from payments made in connection with advertisement bill and also for other type of payments.
CMA Ramesh Krishnan
(Expert)
22 December 2009
W.e.f 1.10.2009 there is no differnce between contract and advertising contract
The applicable rate is
For Individual& HUF = 1%
For all other = 2%
whether contractor or subcontractor the rate is same
The applicable rate is
For Individual& HUF = 1%
For all other = 2%
whether contractor or subcontractor the rate is same
Murtaza I Bhagat
(Expert)
22 December 2009
agree
Payment to Sub-Contractors
and Payment for Advertising
Contracts Single Credit/Payable/
Paid Does not exceeds Rs. 20000.
OR ELSE Aggregate of sum
credited/Payable/Paid during FY
Does not Exceeds Rs.50000.
Ind & HUF 1%
other 2%
Payment to Sub-Contractors
and Payment for Advertising
Contracts Single Credit/Payable/
Paid Does not exceeds Rs. 20000.
OR ELSE Aggregate of sum
credited/Payable/Paid during FY
Does not Exceeds Rs.50000.
Ind & HUF 1%
other 2%
CMA Ramesh Krishnan
(Expert)
27 December 2009
Thanks
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