17 January 2013
Dear Sir participation fees in exhibition(ficci )can we deduct tds for participation fees in exhibition ( bill amt 137000) if it is ok why (is it sales advertiment for our product ) pls gives details for it
27 February 2014
Generally No tds applicable on participation fee . . But if ur payment is nature of rent paid for exhibition of ur products tds applicable under section 194I . if u have not paid any except participation fee better deduct TDS 194I as it can be said it is paid for usage of space . . but if it is only for participation fee tds will not come,,as it is open for all i mean any one can participate just like booking ticket in cinima hall . . however let others comment on this