Some professionals may be required to pay Tax Deducted at Source (TDS) to the tax authorities. Bark cannot give tax advice and you should consult with your own tax advisor to see if this applies to you.
Bark and our payment handlers are subject to Section 194C of the Income Tax Act, which mandates a deduction of 2% of the ex. GST value.
In line with other large advertising platforms, you can reclaim the TDS paid as a credit to your bark account by sending your TDS Certificate (Form 16) either as an electronically signed copy, or a scanned copy of a paper certificate after completing your quarterly filing.
You should send this to india@bark.com from your registered Bark email address with “TDS credit request” as the subject line.
The timings are as follows for each quarter
- Jan-Mar: Certificate by 15 May, send to Bark by 30 June
- Apr-Jun: Certificate by 30 July, send to Bark by 30 September
- Jul-Sep: Certificate by 30 October, send to Bark by 31 December
- Oct-Dec: Certificate by 30 January, send to Bark by 31 March
We are unable to accept Certificates sent after the end of the following quarter.
Once received and verified, Bark credits will be applied to your Bark account. This will be done within 7 days of receiving your Certificate at your average cost per credit, rounded up to the nearest whole credit.