22 June 2011
What is the TDS rate applicable for payment towards 'Exhibition Stall Space rent charges'? Whether it will comer under category -'Rent' or 'Advertisement' or 'Contract' payment ? Please suggest.
22 June 2011
first u have to check the nature of payment. if the place is taken for longer period of time and there is a rental agreement between the parties, then TDS should be deducted u/s 194I@10%. otherwise u/s 194C@1% or 2%
CAclubindia
