Tds on rent
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 September 2011
we got a hotel bill of Rs. 52000/- against our staff lodging bill. we book the same hotel every time for the marketing staff stay.
whether tds applicable on this amount or not.
if applicable what is the percentage.
from april 2011 onwards, for the same hotel we paid an amount of Rs.63546( excluding above amount)
Please clarify my doubt?
thanks in advance
whether tds applicable on this amount or not.
if applicable what is the percentage.
from april 2011 onwards, for the same hotel we paid an amount of Rs.63546( excluding above amount)
Please clarify my doubt?
thanks in advance
17 September 2011
Liability to deduct TDS u/s 194 on rental comes if the amount paid to a person exceed to the thresold limit of Rs.1.8
Lacs in a year. The same is requird even if u pay rental to hotel. In your case you do not need so far to deduct TDS since the amount paid is nt exceeding the thresold limit.
Lacs in a year. The same is requird even if u pay rental to hotel. In your case you do not need so far to deduct TDS since the amount paid is nt exceeding the thresold limit.
29 September 2011
In my opinion in the above case the TDS is required to be deduted @ 1 %, as in case of TDS on rent doesnot applies as hotel has not given nothing on rent to us, it was just an agreement to avail the facilities of the hotel which are also availed by other person
TDS as per Section 194C @ 1 %
TDS as per Section 194C @ 1 %
13 October 2011
no need not be deduct tds is not applicable in this case since there is no rent your paying
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