TDS ON CONFERENCE SPONSORSHIP

This query is : Resolved

VINAYAK (Querist)
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11 May 2009 Hi,

I would like to know TDS Applicability, if we are making a advance payment towards organising body for sponsorship for a conference/event.

Please reply.

Regards

Vinay

taxindiaconnect

taxindiaconnect (Expert)
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11 May 2009 Please specify whether the payment is towards sponsorship of the event or it is for organising he event by a an event manager. If the payment is towards sponsorship, it is covered under advertisement and TDs rate is 1% if the payment is to a event manager for providing the services to organise a conference, it is a works contract, TDS @ 2% needs to be deducted. Needless to say that the applicable SC and EC also apply on the above rates.

VINAYAK

VINAYAK (Querist)
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11 May 2009 We are paying to Organising Body for Conference Sponsorshing of 3 session.

Now tell me how tds will be applicable

Regards

Vinay

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