TDS on Guest house Bill

This query is : Resolved

R.Purna Ch. Achary (Querist)
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10 April 2009 Our Company directors stay in Guest house which is not maint. by our company.the guest house provided food,telephone,lundry & entertaiment.and lodgind & Boarding. the bill is made on our company. our company pay this amount. Can I deduct TDS.
if Yes What percentange I deduct , under which section ?

with regards
R.Purna Ch. Achary
Jr.Finance officer
DAESUNG ELECTRIC INDIA PVT. LTD

CA Devanshi Gandhi (Ajani)

CA Devanshi Gandhi (Ajani) (Expert)
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10 April 2009 for rent paid for guest house u need to deduct tds u/s 194I if total rent is above 120000 in a year at following basic rates + surcharge if applicable + Edu. cess
if rent paid to individual/huf-15%
if paid to others-20%

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