TDS on roadshow etc. required to be deducted u/s 194C or 194J

This query is : Resolved

Manoj Kumar (Querist)
Follow

18 November 2007 Hi dear all,

whether TDS on roadshow required to be deducted u/s 194C or u/s 194J (Fee for professional services)

CA. O.P. Agarwalla

CA. O.P. Agarwalla (Expert)
Follow

19 November 2007 I think it will depend upon the nature and content of Contract. Normally, such contracts fall u/s. 194J.

CA. Vineet Grover

CA. Vineet Grover (Expert)
Follow

19 November 2007 Hi Manoj,

Roadshows are in the nature of advertisement and are subject to TDS u/s 194C @1.133% or 1.03% as applicable.

Rgds/

Vineet

CA. O.P. Agarwalla

CA. O.P. Agarwalla (Expert)
Follow

22 November 2007 Content and intention of the contract will be the key factor in deciding the.........

Reetika Goel

Reetika Goel (Expert)
Follow

19 March 2008 Roadshows are basically a kind of sales promotion technique, so it should be covered under 194C...

CA Shailesh +91 9393926464

CA Shailesh +91 9393926464 (Expert)
Follow

07 April 2008 Yes, in most of the cases, the road shows are organised with the proximate purpose of sales promotion, publicity. Hence, sec 194C is applicable