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Tds on sponsorship money

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 January 2019 I would like to know if TDS will be deducted for sponsorship money of above Rs 2000000 for sports. If so at what rate?
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Rupesh Jain

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Rupesh Jain (Expert)
09 January 2019 yes u/s 194C. or check the non deduction certificate with party.

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