TDS on advertising is deducted U/s.194C of Income tax act.
If TDS not deducted, If Per single transaction does not exceed Rs.20,000/-
and total transactions during the year doe not exceed Rs.50,000/-.
Otherwise Tds has to deduct.
For Individuals Normal rate 1% + 10%Surcharge on Tax(It is applicable only if the Individual gross total income exceeds Rs.10,00,000/-, other wise surcharge is not applicable.) +Education cess @2% and Higher education cess 1% on on tax.
For Companies & Firms :- Income tax 1% + 10%Surcharge on Tax(It is applicable only if the Companies & Firms total turnover exceeds Rs.1,00,00,000/-, other wise surcharge is not applicable.) +Education cess @2% and Higher education cess 1% on on tax.
IF WE PAY AUDITOR FEE FOR INCORPORATION WORK THEN UNDER
WHAT GROUP IT COMES IN TALLY.
2. any other audit fee we paid suppose at the time of
financal report preparing then it will comes at the same
group or any other
Iam 2 tipper owned small transporter and TDS diduct in my
transport bills. can any body tell me how can i reimburse
my TDS and what are the procedure for reimbursment and what
are forms, papers to be required, tell me please.