Hi.. for an trade show expense incurred on fabrication of stall HSN 998596 and other service HSN 998313 bill provided by vendors.
TDS deductable 2% or 10% on such HSN code services.
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Tds on hsn code 998596 & 998313 trade show expense
Replies (10)
Quick Summary
Tds not deductible based on hsn code wise...
But, As per Income Tax act if applicable to you then deduct u/s 194C...
But, As per Income Tax act if applicable to you then deduct u/s 194C...
It would be covered under Section 194C and Rate would be 2%.
10% is for regular renting case e.g. When a hire a showroom and pay rent then that is covered u/s 194-I.
10% is for regular renting case e.g. When a hire a showroom and pay rent then that is covered u/s 194-I.
Yes...
If the said query is for rental then tds deductible u/s 194I
If the said query is for rental then tds deductible u/s 194I
Thank you guys !
sir
which tds is applicable for hsn code 998596
Which tds is applicable for hsn code 998594
Dear Sir,
Which tds is Applicable for HSN Code of 998599-Descripttion of Bill Racks with Rated Power and Remote Hand Services.
What is TDS applicable for SAC code 999612
999612 : Motion picture, videotape, television and radio programme production services
TDS 194C = 2%
Or
TDS 194J = 10%
Section 194C = 2% (Covers contractual work)
New Section as per IT Act 2025 - 393(1) [Table: Sl. No. 6(i).D(a)]
Any sum for carrying out any work (including supply of labour for carrying out any work) in pursuance of a contract between the contractor and a designated person – if contractor is individual or Hindu undivided family
New Section as per IT Act 2025 - 393(1) [Table: Sl. No. 6(i).D(b)]
Any sum for carrying out any work (including supply of labour for carrying out any work) in pursuance of a contract between the contractor and a designated person – if contractor is a person other than individual or Hindu undivided family
Section 194I = 10% (Renting space)
New Section as per IT Act 2025 - 393(1) [Table: Sl. No. 2 (ii).D(b)]
Rent other than machinery etc.- specified person
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