TDS

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Querist : Anonymous (Querist)
22 June 2011 What is the TDS rate applicable for payment towards 'Exhibition Stall Space rent charges'?
Whether it will comer under category -'Rent' or 'Advertisement' or 'Contract' payment ?
Please suggest.

22 June 2011 first u have to check the nature of payment. if the place is taken for longer period of time and there is a rental agreement between the parties, then TDS should be deducted u/s 194I@10%. otherwise u/s 194C@1% or 2%


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