TaxTMI 
TaxTMI 
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
Event management service
18 Aug 2009 
1 Reply 
8653 Views Asked by
TDS classification for event management: treated as contract payments, requiring deduction under contract provisions not professional fees.
The reply characterises event management services as contractual supplies for TDS purposes and states that any tax deduction should be effected under 194C, i.e., as deduction on contract payments rather than under the professional services withholding category. (AI Summary)
The reply characterises event management services as contractual supplies for TDS purposes and states that any tax deduction should be effected under 194C, i.e., as deduction on contract payments rather than under the professional services withholding category. (AI Summary)
