Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


What is the rate of TDS applicable for Advertisement in FY
2008-09 (Individual+Company)?

Answers were Sorted based on User's Feedback



What is the rate of TDS applicable for Advertisement in FY 2008-09 (Individual+Company)?..

Answer / sd marulasiddappa, bengalooru-

TDS on Advertisement in Fy 2008-09 is as follows:


Section: 194 C

Limit: Rs.20,000-/

1) for Company : 1.133% ( Rate 1%, Sur ch 10% & Edu cess 3%)
(Where nety taxable income more than 1 Crore)

2) for Company : 1.030% ( Rate 1%, Sur ch 0% & Edu cess 3%)
(Where nety taxable income less than 1 Crore)

3) for Individual: 1.133%

Is This Answer Correct ?    30 Yes 3 No

What is the rate of TDS applicable for Advertisement in FY 2008-09 (Individual+Company)?..

Answer / sibaprasad

TDS on Advertisement in Fy 2008-09 is as follows:


Section: 194 C

Limit: Rs.20,000-/ and exceed Rs.50,000/- in a financial
year

1) for Company, Firms and Individual : 1.133% ( Rate 1%,
Sur ch 10% & Edu cess 3%)
(Where net taxable income more than 1 Crore)

2) for Company, Firms and Individual : 1.030% ( Rate 1%,
Sur ch 0% & Edu cess 3%) (Where net taxable income less
than 1 Crore)

3) Local authority and Co-operative societies surcharges
not added.

Is This Answer Correct ?    12 Yes 5 No

What is the rate of TDS applicable for Advertisement in FY 2008-09 (Individual+Company)?..

Answer / praveen babu

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.

Is This Answer Correct ?    7 Yes 2 No

What is the rate of TDS applicable for Advertisement in FY 2008-09 (Individual+Company)?..

Answer / harindr sahani

TDS Rate in advertising is 1%+(10% surcharge Ef app.)+3%
Education cess

Is This Answer Correct ?    7 Yes 3 No

What is the rate of TDS applicable for Advertisement in FY 2008-09 (Individual+Company)?..

Answer / shalini.mann

INDIVIDUAL:- slab rate :-

1 > FEMALE 145000/- exempt upto 150000/- @ 10% upto
250000/- @20% more then 250000/- & upto 1000000/- @30%

2 > Male 110000/- exempt upto 150000/- @ 10% upto 250000/-
@20% more then 250000/- & upto 1000000/- @30%

3 > Senior Citizen 195000/- exempt upto 250000/- @20%
more then 250000/- & upto 1000000/- @30%


COMPANY:- Slab Rate:-

Is This Answer Correct ?    10 Yes 20 No

Post New Answer

More Taxation Interview Questions

what r the deductions from salary ?

3 Answers  


what is rate of vat on gold ? and what is the rate of tax applicalbe on sale of gold in case of interstate sale ?

7 Answers  


1. Is TDS asset or Liability ?. 2. Is TCS Asset or Liability ?. 3. Which is Debit side and Which is Credit Side in Balance Sheet ?.

11 Answers  


What are TDS rates for the year 2007-08

2 Answers   Syntel,


1. what is the last date for payment of tds for the month of March? 2.Will the due date differs for each assessment years? if so what is due date for payment of tds for March Month for the Assessment year 2008-09?

2 Answers  


I have two sons & 10lacs money which is from my arrear how I can save more tax ?.......Can I give them gift 5lakh each which neither taxable for my son nor for me...........?

2 Answers  


what is the difference b/w deferred tax exp and defeered tax liab? should Deffered Tax expense be deducted b4 computing Net profit?

0 Answers  


What is the WCT? Why deduct the WCT the client.?

3 Answers  


hi how much deducted tds on intrest,rent,contract, subcontract, what is the new rat of tds?

5 Answers   Maruti Suzuki,


What is Cenvat 

3 Answers  


how to calulate central exicise

1 Answers  


i have received bill from civil work contractor in that they charges Service tax & vat on same amount & .Please clarify

5 Answers  


Categories