Event management service

[madhavvan n]

a company provides event management services what is the rate at which tds will be deducted by the customers of the event management company. is event management in nature of contract or a professional service pls reply

AI Summary

TDS for Event Management: Deduct Under Section 194C as a Contract, Not Professional Service Under Section 194. An individual inquired about the applicable TDS rate for an event management company and whether the service is considered a contract or professional service. The response clarified that TDS for event management services, if applicable, should be deducted under section 194C, which pertains to contracts, rather than under professional services specified in section 194.