Applicable section 194c or 194i
This query is : Resolved
27 June 2013
Dear Member.
Can any one tell me,in case a college make a payment to resident for the hostel fee of student including the food expenses & recipient person issue the consolidate bill to the student,in such a case.which section will be applicable.
whether it is contract payment or rental payment.
Can any one tell me,in case a college make a payment to resident for the hostel fee of student including the food expenses & recipient person issue the consolidate bill to the student,in such a case.which section will be applicable.
whether it is contract payment or rental payment.
27 June 2013
section 194I will apply. as nature of substantial payment is rent.
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