Is TDS applicable on design charges?
Section 194J – TDS on Professional/Technical Fees. According to the rules and regulations of Section 194J of the Income Tax Act, 1961, a person must deduct their Tax Deducted at Source (TDS) only at the rate of 10% when certain payments are made to a certain resident.
Is TDS applicable on digital printing?
Accordingly, TDS under section 194C is not applicable on printing material as per customer specification, wherein customer has not supplied any material to contractor and contractor has supplied the final product for a price, which is in the nature of contract for sale.
Is there any TDS on advertisement?
TDS is Tax Deducted at Source. TDS on advertisement is governed by section 194C and 194J of the Income Tax Act. For example, advertisement charge paid to newspapers. If the services are utilized on a recurring basis during the year i.e. periodical contract basis, it can be considered a contract under Sec 194C TDS.
Is TDS applicable on photography?
to their models, artists, photographers, etc., the tax shall be deducted at the rate of 5 per cent as applicable to fees for professional and technical services under section 194J of the Act.
Is TDS applicable on job work?
TDS on job work is required to be deducted under Section 194C of Income Tax Act 1961 at the rate of 1% or 2% (as the case may be) for payments to residents.
What is the limit for TDS on advertisement?
The limit is if you are paying more than 30,000 per person during the financial year the tds to be deducted would be as follows; 2% if the deductee is company. 1% if the deductee is non company.
Is professional tax and TDS same?
TDS amount is like advanced Tax. Professional tax is collected by state government. You may work in any organisation , but practicing your profession you are paying tax to the state government. The government rule is it deduct from your salary.
On what amount TDS is deducted?
Liability to deduct TDS and TDS rate TDS is to be deducted at the rate of 2 % on payments made to the supplier of taxable goods and/or services, where the total value of such supply, under an individual contract, exceeds Rs. 2,50,000.
What do you get with TDS home phone?
Experience the best in home entertainment with our all-digital TV packages, which include connected-home DVR options, lots of HD channels, TV Everywhere and more. Enjoy reliable, crystal-clear calling and advanced features with any TDS home phone package. Multiple plan options make it easy to find the package that best fits your needs.
What is the TDs custodial scheme leaflet?
– Scheme Leaflet What is the TDS Custodial Scheme? – Scheme Leaflet (printer-friendly)
When did TDs start providing high speed internet?
TDS has been providing high-speed Internet, TV packages and phone service to customers in hundreds of rural and suburban communities nationwide — since 1969. Your best overall value! Shop our most popular deals, or customize your own. You may also be eligible for special offers or additional discounts when you bundle your services.
What makes TDs the best place to work?
Enjoy reliable, crystal-clear calling and advanced features with any TDS home phone package. Multiple plan options make it easy to find the package that best fits your needs. TDS Telecom (TDS®) was named Best Place to Work for Disability Inclusion, earning a score of 90 on the Disability Equality Index (DEI).