Tds rate
This query is : Resolved
11 May 2017
Can you please clarify
School has given some space for canteen to a personal. Personal will give monthly 10,000 and have agreement with school. Outsiders will come, eat and pay amount to that personal. No insiders will eat food. So tds has to be deduct under sec 194I or 194 C?
School has given some space for canteen to a personal. Personal will give monthly 10,000 and have agreement with school. Outsiders will come, eat and pay amount to that personal. No insiders will eat food. So tds has to be deduct under sec 194I or 194 C?
11 May 2017
It is nature of rent so you have to deduct TDS u/s 194I
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12 May 2017
agreed, TDS on rent will be applicable in this
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