Dear All,
Please let me know that where a service provider is an event management Company, Should TDS be deducted on him under 194C or 194J.
That whetehr his event management work shall be treated as contract work or as a professional Service?
Regards
Swapnil Arora
Deduct u/s 194C
According to me TDS shud be made u/s 194J, as the event management co is providing prof service whihc requires application of mind, provided the sums paid esceeds 30k during the year.
There is difference between professional contract & work contract, tds is to be deducted accordingly
Sir,
I believe that generally in an event management contract, everything is to be done by the Event Managers. Including supply of materials and all. Then it should be construed as a Contract instead of Prof Fees.
Agreed to some extent with Mr Prateek, but still I think that there is some sort of professional work involved. Maybe we get some more views on this.
Sec. 194-J : Board has notified person in relation to sports activities as professional services which includes " EVENT MANAGERS" among others.
So I believe that Event Management services should fall under sec.194J.....
Regards
In case of event management it can be divided into 2 components 1.Purchases & Supplies 2. Professional service
so tds should u/s 194J on 2nd component
regards
I agree with Bhavana..but the only thing is that when a Contract includes the supply of materials and the final bill is raised including everything (composite service), then you have to deduct u/s 194C accordingly.
Will TDS u/s 194J be attracted in case of SCORERS?
CAclubindia
