Accounting & tds for payments made to just dial & similar se

Hi all,

We have during the year paid some fees to Just Dial services for taking business leads from them.

Kindly let me know how to treat such expenses in the books.

I have came out with the following options, kindly add if u have some and also suggest the best treatment

1. Treat the expenses as subscripttion fees, no TDS

2. Business promotion expenses TDS u/s 194J

3. Advertisement Expenses and TDS u/s 194C

4. Commission expenses and TDS U/s 194H.

Thank you in advance for spending your valuable time & suggesstion.

Replies (2)

It depends on your account which GL you book. I would prefer Business promotion. TDS will be deducted u/s 194C as it is not professional service.

Expenses for taking business so that is advertisement Expenses Tds will be deducted  u/s 194C if greater then Rs.30,000 per crntract or Rs.75,000 p.a.

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