Would an advertising agency need to deduct TDS U/s 194C for payment to print media / elctronic media?
Please quote the source of your answers.
Menu
TDS on payment to Print / Electronic Media by an ad agency??
Replies (2)
Dear Prabeer,
The payment by an advertising agency to print media/electronic media is not subject to tax deduction under section 194 C.
Circular No. 717,dated August 14, 1995
Payment made to by an advertising agency is not subject to TDS but TDS is payable when the assesse makes payment to the advertising agency....
Hence advertising agency is not responsible for deducting TDS
Circular No. 717,dated August 14, 1995
Recent Topic
- Input tax credit under igst under insurance compan
- ITR Form to be used
- CGAS account Holder Deceased
- ITR form suggestion
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
Related Topics
CAclubindia
