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TDS on Stall Charges and Sponsorship charges

TDS / TCS 3231 views 1 replies

I wanna ask  first whether TDS is applicable on Stall charges. Will it be under 194 C?

and second whether TDS is applicable on Sponsorship charges?

Replies (1)

Dear Sheetal,

Stall charges - I think this payment is in the form of rent & it will attract TDS u/s 194 I

Sponsorship Charges - Board has clarified that generally these payments are in the nature of advertisment only & therefore TDS will be deducted u/s 194C...


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