Urgent
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 November 2014
Party A organised meeting in its own hall and booked a hotel for supply of lunch.
Party B(Hotel pvt ltd) raises bill as
SALE BILL
Lunch 50*700 35000 35000
Less abatement 50% 17500
17500
Vat @ 12.5% 4375
@ 1.5% 525
Service tax @ 12.36% on 17500 2163
Net Amount 42063
Now my Question is whether tds is applicable and if yes then on which section
Party B(Hotel pvt ltd) raises bill as
SALE BILL
Lunch 50*700 35000 35000
Less abatement 50% 17500
17500
Vat @ 12.5% 4375
@ 1.5% 525
Service tax @ 12.36% on 17500 2163
Net Amount 42063
Now my Question is whether tds is applicable and if yes then on which section
19 November 2014
tds is applicable u/s 194C as its works contract and tds not deductible on service tax portion
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