TDS on Advertisement

In case of payment to Print / Electronic Media towards advertisement charges in the following cases, please clarify whether tax would be deductible u/s 194C.

1) Payment made by an individual (subject to tax audit and other than for personal purpose) directly to such media.

2) Payment made by an advertising agency to such media.

Also, pls clarify whether tax would be deducted u/s 194J for payment made by an individual (subject to tax audit and other than for personal purpose) to the advertising agency.

Thanks.

Replies (1)

As per my knowledge in both the above mentioned cases TDS is to be deducted u/s 194C.

Rate of Deduction

Individual / HUF @ 1%

Company / Regd. Firm @ 2%

Without PAN / Invalid PAN @ 20%.

 

Single Bill - Rs. 30000 and Aggregate Bill - Rs. 75000 



Regards,

Devendra 

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