Tds on exhibition stall hire charges

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

15 January 2014 We have to pay Rs.180000/- towards Stall Hire Charges, this is inclusive of all taxes. Under which section we have to deduct tds and what will be the percentage. Let me know please.

Hemant Kumar

Hemant Kumar (Expert)
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15 January 2014 Stall hire charges is a type of Rent. Hence, 10% TDS Should be deduct u/s.194I.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

15 January 2014 Thanks for the details. Sir, threshold limit for tds u/s 194I is Rs.180000/-. It means no need to deduct tds on rent amounting to Rs.180000/-. Please give your opinion.

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