A private limited company is engaged in the business of maintaining a luxury resort. The resort also contains a banquet / party hall. The company organised a party. For the entertainment in the party, the company hired the services of an agency that supplies party material, entertainers (clown,magician,etc), dancers, etc So on what rate TDS will be deducted on the payment paid to the agency i.e. whether at 10.3 pc (professional fees) or 2.06 pc (contract)
The payment made to the agency includes cost of material, conveyance expense and charges of the entertainers.