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i want to clear about the ans it applicable in 94I or 94 C

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Querist : Anonymous

Querist : Anonymous (Querist)

16 January 2010 Dear All,

We are Pvt. Ltd. Company and have to pay Rs. 90000.00 to M/s The Indian Express Ltd. towards Participation charges of Exhibition to be held at Mumbai.

Please advise whether TDS will be deducted u/s 194-I or 194-C.

Ans :-
( Expert )

yes, it will be applicable under 194 I

( Pls clear it under 94 I who )

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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16 January 2010 It is coming under 194C Only why because

As per sec.194I Rent defined,there should be a lease, tenancy agreement between you and The Indian express Ltd.
So it come under 194C

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