Student
98 Points
Joined August 2016
As per section 194C of Income Tax Act
Any person responsible for paying any sum to any resident (contractor) for carrying out any work (includes supply of labour) in pursuance of a CONTRACT between the contractor and the specified person then the specified person has to deduct TDS on the amount paid or payable for the work done.
Here work includes:
1.Advertising
2.Broadcasting,telecasting of products
3.Catering etc.,
ASSUMPTIONS: There is a contract between Advertiser and Advertisee.
Based on the above assumption TDS on Advertisement falls under section 194C.
If there is no contract then it falls under Section 194J treating the advertisement as technical service.