Commercial Premises - TDS and Service Tax Applicability

Share
Share This Thread
  1. Shehin MK

    Shehin MK New Member

    please help me...
    The scheme of section 44AD is designed to give relief to small taxpayers engaged in any business, except the following businesses:
     Business of plying, hiring or leasing of goods carriages referred to in section 44AE.
     A person who is carrying on any "agency business".
     A person who is earning income in the nature of commission or brokerage

    Do Advertising agency come under "agency business" as mentioned above?
    if yes can 44 AD can be applied?
    (TDS u/s 194 J is deducted from payment to the adv. agency)
     
  2. Harper

    Harper New Member

    Tk u very much. But I have not got a reply to my query. Can the tenant deduct TDS which they are doing inspite many of them being seniors and this is the only source of income. Under what rule can I ask them not to deduct TDS
     
Draft saved Draft deleted
Loading...
Similar Threads Forum Date
depreciation on Rented commercial property Income Tax Sep 20, 2017
TDS ON PROPERTY OR COMMERCIAL AT THE TIME OF PURCHASE BY NRI Income Tax Jul 11, 2017
taxation on commercial property Income Tax Dec 17, 2016
Commercial Property Purchased Below Circle Rate Income Tax Nov 24, 2016
TDS on commercial property Income Tax Nov 19, 2016