Tds on advertising

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19 Points Posted on 20 February 2020
TDS on payment of Bill of advertising in news paper
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On 20 February 2020 at 13:59 Report
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This discussion clarifies the Tax Deducted at Source (TDS) applicable to advertising payments, specifically under Section 194C of the Income Tax Act. TDS is required if a single payment exceeds £30,000 or if the aggregate payments in a financial year surpass £100,000. The deduction rate is 1% for payments made to individuals and 2% for other entities.

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"Do the Right Thing...!!!"
128162 Points Posted on 20 February 2020
Deduction will be under sec 194C...
1 Reply
On 20 February 2020 at 14:50
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Student CA IPCC
25 Points Posted on 22 February 2020
If payment exceeds 30,000 in single payment or 100,000 in aggregate in the financial year under section 194C
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On 22 February 2020 at 22:42
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Manger Accounts & Finance
363 Points Posted on 26 February 2020
Section 194C applicable i.e. if payment to individual than 1% other 2% applicable
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On 26 February 2020 at 07:04

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