Tds on hotel rent bill
This query is : Resolved
25 February 2012
DEAR SIR OUR CO HAS BEEN PAID RENT TO VARIOUS HOTEL DURING OUR EMPLOYEE TOUR FOR ROOM RENT AND CONSOLIDATE HOTEL BILL RECEIVED WITH LODGING AND BOARDING CHARGES. IS TDS WILL BE DEDUCETD ON THESE BILL AND UNDER WHAT SECTION IT WILL BE DEDUCTED
25 February 2012
Should the payment to a single person exceed the limit of rs.180000 in a year then tds to be deducted @ 10% u/s 194I
25 February 2012
According to me it will be deductible u/s 194c. because u will claim this expenditure as office exp. or conveyance exp. or business promotion exp. as u can not charge this exp. as rent exp.
second thing u can not deduct tds on rent because, there is no relation between owner or tenant.
second thing u can not deduct tds on rent because, there is no relation between owner or tenant.
25 February 2012
I would beg to differ from the view of Mr.Hardik for the reason being that though the accounting be made under any ledger head, "SUBSTANCE OF FORM" insists that the real payment is made towards rent and 194I shall be more appropriate and conservative approach as the TDS shall be deducted at a higher rate.
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
- Difference between Date of Payment and Date of Deduction?
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Unregistered suppliers utility
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- LIC maturity claim whether taxable
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- FCRA 6 E- Intimation
- EXPORT COMMERCIAL INVOICE HSN CODE
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
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
