Dear Members
Please tell me the section & reason under which tds will be deducted when payment made to an event mangement company who organised a competition.
Thanks in advance
C.A SHASHANK GOYAL
(Chartered Accountant)
(362 Points)
Replied 05 July 2011
Hi, in my opinion TDS will be deducted u/s 194C as event management company provides services and entire responsibility of carrying out the work is being entrusted to them .