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TDS

This query is : Resolved 

25 November 2010 Suppose Vendor bill consist of
1) Photography Charges
2) Production Expenses like fees for model, makeup artist etc.
3) Set construction
4) Travel & Food
5) Equipment then at what rate tds should be deducted either it is a contract or 194J

25 November 2010 Set construction will fall under technical and professional service and hence 10% TDS will be attracted and remaining will be charged under 194 C Contract.

26 November 2010 If the vendor submitts travel & food bills seperately (actual bills for travel & food) then we can consider the same as reimbursement of his expenses & hence TDS on the same will not be applicable.


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