our company has got a bill from a hotel of over 12 lakhs rupees .bill states buffet lunch along with service charge and dvat. my query is should we deduct tds on this hotel bill. does it amount to catering which realtes to 2 % tds 194 c,
also if this bill would have 10 % tds on rent if rooms would have booked for single day amounting to rs 12 lacs.
plz help
If in invoice amount charged for room rent and catering is seperately charged then you have to consider 194I for room rent and 194C for catering. Service tax to be excluded. But if the bill doesnt specify charges for respective mentiioned service then you have to go with section 194C.
Can tell you more specific if you can send the copy of invoice.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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