Tds on payment of rent for space taken for hoarding

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prerna agarwal (Querist)
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10 January 2011 Hi,
My client is paying rent for hoarding space for advertisement purpose to the advertising company.The advertising company is charging it for various locations provided for advertising throughout the city.These charges exceed the threshold limit of 180000 throughout the year u/s 194I.My query is whether tds u/s 194I is liable to be deducted or not.If yes, then whether the threshold limit is applicable per location basis or total payment for space rent for all the locations?

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
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10 January 2011 194 I is correct & limit of 180000/- is payment made to one party during one F. year...

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
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10 January 2011 No of locations don't matter here, party is the main consideration.

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