Facts of the case:-
An export promotion council arranges trade fairs outside India...
For this purpose it takes land in foreign countries on rent from a foreign company....
The land is arranged by an Indian Company on the condition that the Council will pay 1% of rent amount to the Indian (mediator) company...
There is a contract between the Council and mediator company that, the company will arrange land in foreign countries for the council as and when required...
Question:- under which section the council will deduct TDS on payment to mediator company? u/s 194C (contractors) or u/s 194H (Commission and Brokerage) ?
CAclubindia
