27 May 2011
My client takes spaces at commercial malls, install LCD TVs there and sublets the TV time to various advertisers. For this, the mall and my client shares the revenue. So, while paying to the mall, TDS need to be deducted u/s 194C (advertising contract) or 194I (rent)?
27 May 2011
you have taken space at commercial mall and for this you paying the share of revenu. here you are liable to deducting TDS u/s 194I (rent). manner in which rent is commuted is not relevant. here the main contract is taken space on rent so TDS u/s 194I is applicable