What the tax rate deduct on advertisement in nerwspaper in
year 2010-11?
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Answer / litu
AS ADVERTISEMENT EXPENDITURE IS SUB-CONTRACT WORK, SO THE TDS CHARGE WILL BE 1%
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i am work partnership firm in Uttrakhand. one of our branch established in haryana.and our branch give raw material to another parti in haryana.and same parti supply semifinished component to our branch(uttrakhand). mentain excise duty & c.s.t in bill.and we enter these bill in purchase A/c.instead of job work expenses. so question is that can we able to deduct T.D.S ON these bill.pls explain me in which section we deduct t.d.s. if not, why.