TDS On Trust

What will be the TDS rate for Trust to be considered for advertising-is it companies rate or other than the companies rate????

Replies (2)

tds rate is determined based on the receipient of the income..so if trust is paying, tds rates are based on status of recepient..

If trust is making payment to an individual or a HUF advertiser then 1% otherwise 2%.

If trust is receiving advertisement payment from any person then 2% (Section 194C).

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