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Exemption from WHIT deductions for NewsPrint Media

 
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Exemption from WHIT deductions for NewsPrint Media
awaisaftab
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#2
11-03-2009, 02:16 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by umairahmed</i>
<br />
"
<font color="blue">(16A) The provisions of section 153(1)(b) shall not be
applicable to the news print media services in
respect of the advertising services.”;
</font id="blue">"

As per the above change through Finance Act 20009, We cannot deduct 6% WHIT from the bills of news print media. But there is no definition of news print media is given in the act.

Do the fashion magazines, digests & cooking magazines meets the definition of news print media? or just the news papers falls under the definition of news print?

Please clarify

An early reply will be highly appreciated

Thanks,
Umair




<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
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Messages In This Thread
Exemption from WHIT deductions for NewsPrint Media - by umairahmed - 11-02-2009, 09:37 PM
[No subject] - by awaisaftab - 11-03-2009, 02:16 PM
[No subject] - by awaisaftab - 11-03-2009, 02:37 PM
[No subject] - by umairahmed - 11-12-2009, 04:48 PM

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