Tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 July 2012 We have participate in Exhibition.

they have charged Rs.50562/- whether TDS is applicable for Rent


05 July 2012 YES TDS TO BE DEDUCTED U/S 194I @ 10%.

05 July 2012 participate in exhibition means you took a place on rent from that authority. So the payment will be rent. But TDS on rent has limit of Rs. 1,80,000 p.a. So if you don't plan to take the place again from same authority then no need of TDS.

but for safter side you can deduct TDS if other party don't have objection. 194 I 10%




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