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Tds deduction applicable rate & which section

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 November 2016 One of my client booked stall in Exhibiton, via one association ( who is organiser) , Amount of Stall rent is approx Rs.1.5 Lac.

Do I have to deduct TDS @ 10 % ,u/s. 194 C
or Do I have to deduct TDS @ 2 % u/s. 194 I

Please guide.

Thanks
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Amol S Joglekar

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Amol S Joglekar (Expert)
18 November 2016 check the contract carefully. If it is renting + other services, it will be u/s 194C
If it is only of renting.....194I
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Querist : Anonymous

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Querist : Anonymous (Querist)
21 November 2016 Thanks for clear my doubt.
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Amol S Joglekar

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Amol S Joglekar (Expert)
22 November 2016 You are most welcome.
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