deduction of tds

[Guest]

what% of tds will be deduted in case of work order for desigining ,erection $ furnishing of the team orissa stall(indisries depr )stall for the ensuing IITF-2010 event at pragati maidan,new Delhi

AI Summary

TDS Rate for Event Stall Work Order: 1% for Individuals/HUF, 2% for Others Under Section 194-C. A query was raised regarding the percentage of Tax Deducted at Source (TDS) applicable to a work order for designing, erecting, and furnishing a stall for an event at Pragati Maidan, New Delhi. The response clarified that under Section 194-C, this is considered a work contract. If the payee is an individual or Hindu Undivided Family (HUF), TDS at 1% applies; otherwise, it is 2%.