TDS on payment to print media!!!

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Is direct payment to print media for advertisemnet exempted from TDS???

Replies (2)

No, these transactions are covered under section 194C (Payments to Contractors - advertising) and hence TDS is to be deducted from the payments made to them.

What is TDS for billing above 10 Lakhs in print media ? normally it is 2% TDS.


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