Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 August 2014
A Company put their product in the stall conducted by the society.
Society raised the bill for Rs.1,00,000
Whether the company has to deduct TDS under 194C or 194I??
The company now deducting TDS under 194I as rent paid to the society for that conference.
I want to know whether this expenses can be consider as Sales promotion or Advertising?
If the company is correct Limit should consider in this case or not??
they are paying only once in a year.
Society raised the bill for Rs.1,00,000
Whether the company has to deduct TDS under 194C or 194I??
The company now deducting TDS under 194I as rent paid to the society for that conference.
I want to know whether this expenses can be consider as Sales promotion or Advertising?
If the company is correct Limit should consider in this case or not??
they are paying only once in a year.
15 August 2014
TDS not required to be deducted since it is below the threshold limit of Rs 1.80 Lacs.
Simply book it as Rent/Stall Rent.
Simply book it as Rent/Stall Rent.
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