THE FRANCHISOR TAKING THE CONSIDERATION IN FORM OF RENT FROM THE FRANCHISEE, THEN THE AMOUNT OF RENT TREATED AS LIKE WHAT ? AND UNDER WHICH SECTION THE TDS WILL BE DEDUCTED IN HANDS OF FRANCHISEE, IS FRANCHISEE NEEDS TO GET GSTIN FOR PROVIDING SERVICES OF HOTEL INDUSTRIES OR FOOD AND BEVERAGES?
For IT purpose it is business income and TDS u/s. 194C should be deducted.
T R SOOD & CO
New Delhi
CA Inter
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Boutique Investment Bank & Transaction Advisory Firm
Gurgaon
CA
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