Rate of tds on event management companies
This query is : Open
24 April 2015
Can anyone please give some ITAT or High Court judgements on rate of TDS applicable on Comprehensive services provided by Event Management companies. Gross billing includes payment for Hotel, Food & beverages, Transport, Audio-Video, Artist, Rental of equipment, Venue, travel and management fee of 15-20%.
Please give judgements only.
Please give judgements only.
26 April 2015
In my view TDS should be deducted u/s 194J. Refer NOTIFICATION NO. 88/2008/F.NO. 275/43/2008-IT(B), DATED 21-8-08.
Rate being 10% you will always be on safer side.
Link of Notification:
http://incometaxindia.gov.in/Communications/Notification/920110000000000757.htm
Rate being 10% you will always be on safer side.
Link of Notification:
http://incometaxindia.gov.in/Communications/Notification/920110000000000757.htm
27 April 2015
If you are not a tax consultant don't unnecessarily put your comments. I asked for the case laws if any.
Notification referred by you referso to only sports related activities. Non-sporting events are not to be treated as "Profession".
Notification referred by you referso to only sports related activities. Non-sporting events are not to be treated as "Profession".
27 April 2015
Non sporting event management can either attract 194J (applying same principle as for Sport related event management) or 194C (Service Contract). Always safe to apply higher rate of TDS in such a situation.
From your reply it seems that I have unnecessarily given my opinion since you were only looking for case law. You can wait for some other expert to provide you case law. Query is being kept open.
From your reply it seems that I have unnecessarily given my opinion since you were only looking for case law. You can wait for some other expert to provide you case law. Query is being kept open.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Form 121 & TDS deduction
- LC charges in relation to Asset purchased should be Capitalised ?
- Regarding appeal to GSTAT
- Multiple trade mark
- Transporter Declaration form
- Regarding TDS Applicability For Director Remuneration
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
