TDS
This query is : Resolved
09 May 2011
If one hotel is booked and Charges are
Room Charges Rs.413000
Banquests Charges (food) Rs.257813
Food and Venue Charges Rs.205000
Whether TDS will be attract. Pls advice
What is limit for single cash payment u/s 40(A)3 for F.Y.2010-11
Room Charges Rs.413000
Banquests Charges (food) Rs.257813
Food and Venue Charges Rs.205000
Whether TDS will be attract. Pls advice
What is limit for single cash payment u/s 40(A)3 for F.Y.2010-11
10 May 2011
Tds will be attracted on room cahrges of Rs 413000 u/s 194C @ 2% if hotel is comapny , for others it is 1%.
single cash payment limit u/s 40(A)3 is up to Rs 20000. You can pay up to Rs 20000 in cash to single person in single day.
single cash payment limit u/s 40(A)3 is up to Rs 20000. You can pay up to Rs 20000 in cash to single person in single day.
10 May 2011
If it is On Regular basis then TDS should be @10% As per Section 194I(Rent)
40(A)3 limit is Rs 35000 for Transporter and for other Rs 20000
40(A)3 limit is Rs 35000 for Transporter and for other Rs 20000
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- ADVANCE PAYMENT OF ADVOCATE
- GST rate and HSN code for sale of racing horses
- DIN reactivation
- UNWANTED CREDIT BALANCE OF GST AS PER BOOKS
- Eway bill generation from place other than registeted
- Condonation . E-Verification of last year return .
- REGARDING ANNUAL RETURNS FILLINGS OF A COMPANY INCORPORATED ON 28.03.2025
- CREDIT NOTES WITHOUT GST
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Depreciation of fixed assets- coop housing society in mumbai
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
