Tds

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swapna

swapna (Querist)
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21 November 2013 if trust given payment to the pvt ltd company for stall booking amt 108900t what will be rate for tds

Nikhil Kaushik

Nikhil Kaushik (Expert)
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22 November 2013 assuming that you are taking a space to put up stall in some exhibition or something similar, such a transaction should be covered under 194-I. However, since the payment made is less than Rs 1.8 lakhs (assuming no other payment is made to the pvt ltd company during the year), no Taxes are to be deducted.