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Dear Friend & Seniors
What is the rate of TDS on Advertisement in the case of individual and company both.
TDS on Advertisement u/s 194C
Individual / HUF - 1%
Company / Regd. P'ship Firm - 2%
Deductee without PAN - 20%
Regards,
Devendra K
agreed
I% on Individual & HUF
2% on others
20% in case PAN not available
TDS on applicable advertisement u/s 194c
2% on Company & Firm
Agreed with above...
TDS ON ADVERTISEMENT COVERED IN U\S 194 C...PAYMENT TO ADVERTISEMENT CONTRACT..
IF PAYEE IS INDIVIDUAL\HUF THEN RATE APPLICABLE 1 %
OTHERTHAN ABOVE....................................................................2%
IF PAYEE NOT HAVE PAN THEN RATE....................................20% APPLICABLE
One point is to remember my friend,if single bill payment of advertisement is Rs 30000..of above or overall anually payment is Rs 75000 or above,then question of TDS is arise,otherwise not.no tds is deducted
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