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If i pay 50% advance to advertise agency towards
advertisement expensise, should I deduct TDS on advance
payemnt.
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Answer / ashish
yes if we are paying any advance or full payment for
advertising exp. we will have to deduct tds
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / ram
yes , but full fill the conditions that is if single
payment exceeds Rs.20000/- or payment made in the year
exceeds Rs. 50000/- (in agreegates) then tds will atract
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / nikhil badaya
If we make any payment whether it is advance or partial or
full & final settlement to as such parties on which TDS is
implement than we will have to deduct TDS.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / umesh tayal
Yes, we have to be paid TDS Becoz TDS Deduct at payment or
expances book which ever is earliset.
@1.03%
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / pc sekhar
The advertising agency, contract is exceeds Rs.20000/- (in a
single payment/contract) or in a year Rs.50000/-. So, TDS
can deduct on advance payment.
| Is This Answer Correct ? | 2 Yes | 0 No |
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