Rate of tds on event management companies

This query is : Open

SUSHIL SHARMA (Querist)
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24 April 2015 Can anyone please give some ITAT or High Court judgements on rate of TDS applicable on Comprehensive services provided by Event Management companies. Gross billing includes payment for Hotel, Food & beverages, Transport, Audio-Video, Artist, Rental of equipment, Venue, travel and management fee of 15-20%.

Please give judgements only.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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26 April 2015 In my view TDS should be deducted u/s 194J. Refer NOTIFICATION NO. 88/2008/F.NO. 275/43/2008-IT(B), DATED 21-8-08.

Rate being 10% you will always be on safer side.

Link of Notification:

http://incometaxindia.gov.in/Communications/Notification/920110000000000757.htm

SUSHIL SHARMA

SUSHIL SHARMA (Querist)
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27 April 2015 If you are not a tax consultant don't unnecessarily put your comments. I asked for the case laws if any.

Notification referred by you referso to only sports related activities. Non-sporting events are not to be treated as "Profession".

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CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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27 April 2015 Non sporting event management can either attract 194J (applying same principle as for Sport related event management) or 194C (Service Contract). Always safe to apply higher rate of TDS in such a situation.

From your reply it seems that I have unnecessarily given my opinion since you were only looking for case law. You can wait for some other expert to provide you case law. Query is being kept open.