24 September 2012
pl advise under which section tds to be deducted on payment to be made towards rent payment of stall booked in any exhibition. Rgds, Ramesh
24 September 2012
Your saying it is rent. So you have to deduct TDS according to the section 194I @10% on gross payment if the such gross payment exceeded of Rs.180000 p.a. if the pan no of the owner provided. In case pan no of the owner not provided then 20% of tds you have to deduct.
CAclubindia
