Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 August 2013 We have booked hotel for business purpose,

bill is exceeding 40000/-,

We need to deduct TDS under TDS on Contractor

Pl.Advise

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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11 August 2013 I am unable to understand what is meant by "We". Taking a liberal view on this -if the guests have been invited on a personal or a family occasion, TDS is not required to be deducted.
.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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11 August 2013 TDS not required to be deducted.

Even if company books a hotel for any function or meeting TDS is not required to be deducted.

Ganeshbabu K

Ganeshbabu K (Expert)
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11 August 2013 TDS not applicable for payment to hotels rent hich is on rate contract agreements

Refer CBDT Circular 715 dated 08.08.1995 read along with further clarification provided in Circular 5 dated 30.07.2002

For detailed discussion in this regard you may refer below reply

https://www.caclubindia.com/experts/tds-on-service-tax-component-1211489.asp

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