TDS Application

It's 194C as even management is not a profession rather it's a contract service that can be done by any person who has the knowledge of event management and doesn't require any professional qualification

AK SPEC VIDS

CA Inter

★ 6K+

30-Apr-24 17:09

But in 194 c they specially mentioned that work shall includes 5types of work . And in 194j managerial services they given which come under technical?

Thread Starter

HEMAVATHYSUBRAMANI SUBRAMANI

CA Final

★ 2K+

01-May-24 11:08

For your kind information Event management does not constitute managerial service..don't get confused. Managerial services in the income tax act as professional service has a different meaning whereas event management is always done on contract basis. So Event management falls under contract services and not under managerial services.

AK SPEC VIDS

CA Inter

★ 6K+

01-May-24 11:33

Should be under Section 194C since it is a contract.

Shiva Teja

Faculty

02-May-24 11:42

Right.

Shiva Teja

Faculty

02-May-24 11:43