Dear All
I want to know whether TDS on Exhibition Charges (like in some Trade Fair) will be deductible u/s 194C (advertising) or 194I (rent)!!!
As per sec 194I, "rent" means any payment, by whatever name called, under any lease, sub-lease, tenancy or any other agreement or arrangement for the use of (either separately or together) any,—
(a) land; or
(b) building (including factory building); or
(c) land appurtenant to a building (including factory building); or
(d) machinery; or
(e) plant; or
(f) equipment; or
(g) furniture; or
(h) fittings,
whether or not any or all of the above are owned by the payee
CAclubindia
