TDS at what rate?

898 views 4 replies

 

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.

Replies (4)

Hello there...

TDS would be deducted as per the provisions of sec 194C i.e Contractors... and if the billing includes conveyance and other exp...TDS will b deducted on the whole amount irrespective of the fact that bill includes conveyance exp.....but if the Event Agency gives a seperate bill for conveyance exp, no TDS should be deducted on such bills......

Hope this answers ur Query...

ur query is not clear.

dasdas


 

Hi

Will TDS is there for hiring cab on monthly basis.

with regards

Vanitha

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register