Boarding & Lodging

This query is : Resolved 

10 May 2008 Whether Boarding & Loding attracts TDS?

10 May 2008 Mayuri Gavaral
pl.clerify you question what you say
1-whether boarding & lodging is running by any person
2-whether you are living some time in lodging & boarding
in first case if you are running & you are indivdual & gross receipt is less than rs.40 lakhs tds is not applicable,if it i partnership firm tds provision is applicable if turnover is less than 40 lakhs


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