CBDT Circular on applicability of section 194C/194J of Income Tax Act in case of advertising agency


Clarification regarding applicability of section 194C/194J in case of advertising agency

Circular : No. 714, dated 3-8-1995.

1. Finance Act, 1995 has amended section 194C dealing with tax deduction at source for carrying out any work by introducing Explanation III therein. By this Explanation, the expression “work” has been defined, inter alia, to also include—

(a) advertising;

This content is for annual and Semi Annual members only.

Log In Register