23 May 2008
if we organise event for the other company and arrange other company for the same purpose so what rate of tds should be deducted as a contractor or as a profeesion. give me suitable and valid reason for it due to audit purpose becoz company is deducting TDS as a contrators. service taken from the company for the road show(event)
23 May 2008
first line of query is not clear. if u hire another company to do some part of ur work, it means that company works as sub-contractor. then u need to deduct tds @ 1%+s.c+e.c. u/s 194C.
section 194J (for professionals) is not applicable on event management cos. only sec 194C is applicable.
24 May 2008
our company is organising a event of coca cola company and we hire also a event company for some part of this show. when we rece. the payment our tds is deducted u/s 194J so my question is when we will pay for other company for hire other company we should deducted TDS u/s 194J or 194C?