Tag: TDS

TDS on payments by television channels and publishing houses to advertisement companies for procuring or canvassing for advertisements

Central Board of Direct Taxes (CBDT) has issued a circular regarding Tax Deduction at Source (TDS) on payments by television channels and publishing houses to advertisement companies for procuring or… Read more »

TDS on payments by broadcasters or television channels to production houses for production of content or programme for telecasting

Central Board of Direct Taxes (CBDT) has issued a circular regarding Tax Deduction at Source (TDS) on payments by broadcasters or television channels to production houses for production of content… Read more »

Defaults in Quarterly TDS Statements exceeding Rs. 25 Lac from FY 2007-08 to Q3, FY 2015-16

CPC (TDS) has released a follow up communication to all deductors regarding defaults in quarterly TDS return exceeding Rs. 25 Lac from FY 2007-08 to Q3, FY 2015-16. The released communication… Read more »

Important Guidelines for payment towards liability on account of Tax Deducted / Collected at Source

Given below are some relevant guidelines related to payment of TDS/ TCS liability: A. Central Government Account (Receipts and Payments) Rules, 1983: Date of Receipt for Cheques or Drafts: The… Read more »