Is tds needs to be deducted. if yes then under which section?
This query is : Resolved
Anil Yadav
(Querist)
27 February 2016
My client has been given a bill of 500000 from a hotel. The hotel has given bifercation that out of 500000 325000 is for rent and 175000 for food expenses. And there is a contract between the Service provider as well as service reciever that wen ever our client visit that particular city a room is always reserved or booked.So does he need to deduct TDS under which section and at what amount?
Suresh Ramaswamy
(Expert)
28 February 2016
If the invoice clearly bifurcates the bill into rent and other expenses, then on the rent portion TDS is deductible and payable @ 10% i.e. in your example on Rs.325,000/-. No TDS is deductible on other expenses.
CA Vap Patel
(Expert)
29 February 2016
Agree with Suresh Sir, Kindly go through Circular No. 5/2002 dated 30.07.2002
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