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TDS on Marketing survey

Saroj Rana (MBA Finance) (417 Points)

26 November 2008  

Dear Members,

Please help me its urgent,

In case of Marketing survey provided by party and raising their bill including service tax. Whaether TDS is applicable in this case, if applicable then in which Sec.


 2 Replies

Shudhanshu Agrawal (Business) (2570 Points)
Replied 26 November 2008

It may attract provisions of Section 194C(Payment to contractor/sub contractor/Advertisement) if it satisfies its conditions

If single payment exceeds 20,000 in a year or

Total payment in a year exceeds Rs. 50,000

 

 

CA Hemant T Dewani (Chartered Accountant) (3356 Points)
Replied 26 November 2008

you will deduct tds on gross amount including of service tax

TDS IS TO BE DEDUCTED IF PAYMENTS ARE MORE THAN 20000/-AT A TIME OR RS.50000/-OR MORE DURING THE YEAR U/S 194C


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