25 November 2010
Suppose Vendor bill consist of 1) Photography Charges 2) Production Expenses like fees for model, makeup artist etc. 3) Set construction 4) Travel & Food 5) Equipment then at what rate tds should be deducted either it is a contract or 194J
25 November 2010
Set construction will fall under technical and professional service and hence 10% TDS will be attracted and remaining will be charged under 194 C Contract.
26 November 2010
If the vendor submitts travel & food bills seperately (actual bills for travel & food) then we can consider the same as reimbursement of his expenses & hence TDS on the same will not be applicable.
CAclubindia
