I (a company) am participating in an event wherein I have to book a table for myself. This arrangement for me will happen through an event management company for which the bill is issued by an event management company and not by an event organizer. The bill issued by event management company states 'fees for the service of booking table in conference'.
Query is, whether I am liable to deduct tax on this bill? If yes, then under which section?
Menu
TDS on event participation
Replies (3)
Quick Summary
Event management will enter into a contract. Tds @ 1% will be charged.
Yes, You want to deduct TDS for this service.
if event management company is firm/co then 2% is applicable u/s 194C.
If individual then 1%
if event management company is firm/co then 2% is applicable u/s 194C.
If individual then 1%
It depends on the nature of contract.
Recent Topics :
- Company 3 months old, INC-20A not filed, all 3 of
- How do I choose the Best GST Lawyers in New Delhi
- Loss on sale of residential flat after indexing al
- Short Deduction
- Large mismatch between AIS Business Receipts and G
- Income tax on Australian Stipendiary Steward on 3
- INCOME TAX SECTION 92E
- Queries on Tax Invoice and GST
- Income Tax Auditor Tenure for Small Companies
- Sec 8 company sec 12ab reg
Related Topics :
CAclubindia
