TDS ON SUBSCRIPTION OF TV CHANNEL

Dear Forum Members

Pls let me know whether subcription amount of Rs.132000/- paid by a listed comapny for ZEE Tv bucket is liable to TDS.

Regards

 

 

Replies (1)
If it is in the nature of Subscripttion then No tds will be deducted . But if it is given for the advertisement purpose TDS will be deducted @ the rate of 1%+10%sch(if applicable)+3%sch. i.e.1.03 or 1.133 as the case may be.

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