Tds deduction for participation in exhibition

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 January 2013 Dear Sir
participation fees in exhibition(ficci )can we deduct tds for participation fees in exhibition ( bill amt 137000) if it is ok why (is it sales advertiment for our product ) pls gives details for it

tks in adv

Ganeshbabu K

Ganeshbabu K (Expert)
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27 February 2014 Generally No tds applicable on participation fee
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But if ur payment is nature of rent paid for exhibition of ur products tds applicable under section 194I
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if u have not paid any except participation fee better deduct TDS 194I as it can be said it is paid for usage of space
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but if it is only for participation fee tds will not come,,as it is open for all i mean any one can participate just like booking ticket in cinima hall
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however let others comment on this

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