Tds rate

This query is : Resolved

Sandip Chakranarayan (Querist)
Follow

11 October 2013 hi

want to know whether tds would be deducted on food and catering bills, if yes then what would be the rate
thanks...

Ram Avtar Singh

Ram Avtar Singh (Expert)
Follow

11 October 2013 under sec 194c tds to be deduct.

aadish

aadish (Expert)
Follow

11 October 2013 Hii sandeep,

This service will be subject to TDS and rate will be of Contractor, Sec 194C, if its is Ind, HUF then 1%, otherwise rate is 2%.

Aadish

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

11 October 2013 If there is a contract with caterors thenyes sec 194C will be applicable and rate will depend whether it is Individual/ HUF @1%
else for others it is 2%.

Sandip Chakranarayan

Sandip Chakranarayan (Querist)
Follow

11 October 2013 Thanks..to
Ram sir Aadi, and tushar

ACS Gaurav Jain

ACS Gaurav Jain (Expert)
Follow

11 October 2013 if food is provided in normal business course than TDS is require

ACS Gaurav Jain

ACS Gaurav Jain (Expert)
Follow

11 October 2013 Go to following link it will help all of you understanding section 194-C

https://law.incometaxindia.gov.in/Directtaxlaws/act2005/cirsec194c.htm

ANIL SULEGAI PREMANATH

ANIL SULEGAI PREMANATH (Expert)
Follow

12 October 2013 Yes. As per section 194c

ACS Gaurav Jain

ACS Gaurav Jain (Expert)
Follow

13 October 2013 No tds require

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

siddhesh satardekar

santhosh singireddy

madhu sudan

RAJENDRA PARAKHI

kavita goel

Subscribe Now

Tds rate

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA