Just a moment...

Report
FeedbackReport
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
+ Post a Query
Post a New Query
Title :
0/200 char
Description :
Max 0 char
Category :
Delete Reply

Are you sure you want to delete your reply beginning with '' ?

Delete Issue

Are you sure you want to delete your Issue titled: '' ?

Discussion Forum

Back

All Issues

Advanced Search
Reset Filters
Search By:
Search by Text :
Press 'Enter' to add multiple search terms
Select Date:
FromTo
Category :
OR
Search by Issue ID:
NOTE: If you have inputs in both the fields, then results will be shown for issueId first.
Issue ID : 2033
- 0 -

Tds on Sponsoring

Date 03 Jul 2010
Replies1 Answers
Views 17914 Views

we are sponsoring an event , which is going to happnen in july'10, where as he raised the bill in june'10 My querey is whether we have to deduct tds or not, if so under whcih section 194C or another other section Second since from now onwards we have to issue quarterly tds certificate, whether we have to account in june'10 or July'10 Pls check and reply asap Thanks

1 answers
Sort by

Old Query - New Comments are closed.

Hide
- 0
Replied on Jul 7, 2010
1. Sponsorship is an activity which is in the nature of Advertisement and therefore, TDS is required to be deducted under section 194C. Further for the purpose of TDS, date of receipt of bill is immaterial. What is material is date of debit/credit in books of accounts or date of making payment. Therefore, you can plan accordingly.

Old Query - New Comments are closed.

Hide
Recent Issues