Hem Chandra Upadhay (Student) (67 Points)
12 August 2009Please confirm that whether TDS will be applicable or not in following cases:
Exhibition charges paid to party for three days exhibition of Rs 60,000 during the year 2009-10. Later on a bill was received of Rs 60,000 (related to charges of exhibition) in the same financial year whether TDS will be deducted on that bill or not & whether nature of payments.
CA CS CIMA Prakash Somani
(Landmark Group)
(23502 Points)
Replied 12 August 2009
It can be under Rent which has threshhold of Rs 120000 so in your case no TDS
CAclubindia
