19 November 2007
Your kind attention is drawn on question no. 20 (given below) in the Cicular No. 715 dated:08/08/1995:
Question 20 : Whether payments made to a hotel for rooms hired during the year would be of the nature of rent ? Answer: Payments made by persons other than individuals and HUFs for hotel accommodation taken on regular basis will be in the nature of rent subject to TDS under section 194-I. (here the phrase " persons other than individuals and HUF' is to be raed in present position of the section)
24 September 2008
ooms taken in hotel on a regular basis, whether a room or set of rooms are earmarked or not, under such contract - Sec 194I shall apply. Agreement merely in the nature of a rate contract- Sec 194I shall not apply.
CAclubindia
