TDS on participation in property shows

TDS 681 views 1 replies

What is the percentage of TDS on participation fee in property shows? like LIC Housing Finance Ltd property show (Sontha Inti Sambaralu)

Replies (1)

 

if the entity who is organising the prpoperty show is a professional body and rendering the services as professionals, then it will get covered u/s 194J (it will supersede 194C) (also take a safer view).

Otherwise, it will be pure contract and can get covered u/s 194C.
Mostly, one can cover under 194C only.
However, one should also take care of section 195 if the payment is made to a non resident...

aadhyayan @ gmail.com


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