Tds
This query is : Resolved
13 April 2013
Comapny had taken part in Water Expo in Ahmedabad.
Now company got the bill amounting to Rs. 1,10,000 including service tax.
So whether comapny should deduct TDS on the same or not while making payment to that comapny ??????
and if yes then under whitch Section ??????
Now company got the bill amounting to Rs. 1,10,000 including service tax.
So whether comapny should deduct TDS on the same or not while making payment to that comapny ??????
and if yes then under whitch Section ??????
13 April 2013
sir, for what nature of service did the company received the bill
13 April 2013
For Giving the Space at Water Expo.....
27 July 2025
For the payment to the company for **giving space at Water Expo** (basically, a kind of **rental or leasing of space**), here’s the TDS treatment:
---
### Is TDS deductible?
**Yes**, TDS is applicable on the rent paid for commercial space.
---
### Under which section?
* Since this is **rent for commercial property** (space given for business purposes), TDS is deductible under **Section 194-I** of the Income Tax Act.
* The rate of TDS under Section 194-I for rent of **plant, machinery or furniture** is 2%, but for **land, building or furniture**, it's 10% (if the rent exceeds Rs 2,40,000 per year).
* In this case, since it’s a **space at an expo** (likely treated as land/building rent), TDS @ **10%** is applicable.
---
### Note on service tax:
* The bill includes service tax, but TDS is to be calculated on the **amount excluding service tax**.
---
### Summary:
| Payment Type | TDS Applicability | Section | Rate |
| ----------------------------------- | ----------------- | ------- | ---- |
| Rent for space at expo (commercial) | Yes | 194-I | 10% |
---
If you want, I can help you with the exact calculation and how to deduct and deposit this TDS.
---
### Is TDS deductible?
**Yes**, TDS is applicable on the rent paid for commercial space.
---
### Under which section?
* Since this is **rent for commercial property** (space given for business purposes), TDS is deductible under **Section 194-I** of the Income Tax Act.
* The rate of TDS under Section 194-I for rent of **plant, machinery or furniture** is 2%, but for **land, building or furniture**, it's 10% (if the rent exceeds Rs 2,40,000 per year).
* In this case, since it’s a **space at an expo** (likely treated as land/building rent), TDS @ **10%** is applicable.
---
### Note on service tax:
* The bill includes service tax, but TDS is to be calculated on the **amount excluding service tax**.
---
### Summary:
| Payment Type | TDS Applicability | Section | Rate |
| ----------------------------------- | ----------------- | ------- | ---- |
| Rent for space at expo (commercial) | Yes | 194-I | 10% |
---
If you want, I can help you with the exact calculation and how to deduct and deposit this TDS.
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