Anyone plaese clarify whether tds to be deducted u/s 194j or 194c while relesing payment to an advertisement agent.
Saroj Rout (CA FINAL) (120 Points)
30 September 2011Anyone plaese clarify whether tds to be deducted u/s 194j or 194c while relesing payment to an advertisement agent.
ajayCA
(Accountant)
(44 Points)
Replied 30 September 2011
Yes, Tds @ 2% is to be deducted other the expenses will not be allowed and interest also to be paid.
Jayesh
(Internal Auditor)
(214 Points)
Replied 30 September 2011
Dear Saroj,
TDS is to be deducted u/s 94J while making payment to Advertisement agent.
Ashok kumar
(CA Final)
(587 Points)
Replied 30 September 2011
194C only, based on the status of the advertiser rate of TDS will change eigher 1% or 2%
ACMA Obulirajan R
(M.Com, ACMA)
(1119 Points)
Replied 30 September 2011
For Advertisement payment TDS would be deducted @ 2% U/S 194C
Gourav Choudhary
(CA and CS finalist)
(143 Points)
Replied 30 September 2011
Dear Saroj,
TDS u/s 194C will be deducted for advertisement charges @ 1%/2% depending on the status of contractor.
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 30 September 2011
| Originally posted by : gourav | ||
 |
Dear Saroj, TDS u/s 194C will be deducted for advertisement charges @ 1%/2% depending on the status of contractor. |
 |
Rishabh Ahuja
(.)
(491 Points)
Replied 01 October 2011
the rates od tds in case of advertising agencies depends from case to case and the medium too ..
CA PRAVEEN SINGH
(MANAGER ACCOUNTS)
(2277 Points)
Replied 01 October 2011
TDS IS TO BE DEDUCTED U/S 194C....TDS ON CONTRACTOR...
TDS RATE 1 %,DEDUTTEE IS INDIVIDUAL/HUF
2% IN CASE OF COMPANY...
CA BISHAN AGARWAL
(Profession)
(93 Points)
Replied 06 October 2011
It should be under 194C and for Individual & HUF it should be 1% & for others its 2%
imran
(article)
(28 Points)
Replied 27 February 2012
Tds u/s 194 C deducted on payment to Advertisement Company & TDS u/s 194 H will be deducted on agency commssion & its Service Tax.. (if showing sepretely in invoice)
Ravi
(Accountant)
(21 Points)
Replied 16 April 2012
i knw tat tds calculated if exceeds 75,000 per year for advertisement..but i want to tat it should from same supplier or from differnt supplier.? e.g diferent supplier means if each payment can be 15,000 to 20,000 means , so for each suplier it doest exceed 30,000 knw..so how its tds applicable
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