Does TDS applicable on stall booking charges in exhibition. Amount paid is Rs. 2 Lakhs for 4 days exhibition
which section i have to deducted ? provide in the details
please do on priority based
5 Replies
Mayank kharbanda
(Risk Advisory Services)
(409 Points)
Replied 11 November 2010
TDS to be deducted u/s 194 I which is for rent.
Regards
Mayank
CA Konfused
(Chartered Accountant & CFA Level 1)
(302 Points)
Replied 11 November 2010
i think it is more of a contractual nature ,n 194 C might apply in this case as the same logic that applies to advertisement hoardings would apply to exhibition stalls.
Vidhya
(111 Points)
Replied 11 November 2010
If a person has taken a particular space on rent and thereafter sublets the same fully or in part for putting up a hoarding, he would be liable to TDS under section 194-I and not under section 194C
CA Konfused
(Chartered Accountant & CFA Level 1)
(302 Points)
Replied 11 November 2010
ya that is agreed if a space is subleted then 194 -I is applicable in case of advertisement hoardings
Sharad Saini
(Student)
(286 Points)
Replied 11 November 2010
i think it should be sec 194C...........
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