Please confirm that whether TDS will be applicable or not in following cases:
Exhibition charges paid to party for three days exhibition of Rs 60,000 during the year 2009-10. Later on a bill was received of Rs 60,000 (related to charges of exhibition) in the same financial year whether TDS will be deducted on that bill or not & whether nature of payments.
It can be under Rent which has threshhold of Rs 120000 so in your case no TDS
Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
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Saini Pati Shah & Co LLP, Chartered Accountants
Mumbai
CA Foundation
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CCI
Pro
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