Our promotors come in india once in a while and live in hotel for 15 to 20 days and payment of hotel room rent is paid by the company. The amount is Rs. 14-15 lakhs. So, tds should be deducted on this amount under section 194I or not?
you have to deduct tds only if the tariff rates for your company is different and for general public is different... in such a scenario, tds u/s 194i will be attracted on gross tariff rent...