The exhibitor company will deduct TDS @ 10% on rent payments to you under 194I provided the aggregate payments of rent exceed 240000/- during the Financial Year.
Presumed that place is commercial exhibition place. Remember onus is on you to deduct TDS. If aggregate rent payment exceeds 240000/- (whether it's single event or aggregate of multiple events during the year) then TDS is must and obligatory. This view is only for rental charges.
One exception is that if you are an individual proprietory concern and also not under tax audit (44AB) then you are not required to deduct TDS under 194I.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
