Our company is organising a Dinner party and for that we are paying an advance amount to the entertainment company . Please let me know at what rate should be deduct TDS .
Prabeer
(B. COM (H) CA & CS Final)
(5484 Points)
Replied 09 December 2009
TDS @ 2% (as yo said it's a company, 1% for individual & HUF) U/s 194C of I.T. Act.
CAclubindia
