tds

924 views 4 replies

whether rent paid on account of hotel bill is  liable to deduct or not an dif liable in waht section?

please give me advice .

 

Replies (4)

if it is rented hotel room & total payments are above rs.120000/- in the year then tds is to be deducted otherwise not



Read circular no 5/2002:

Rooms taken in hotel on a regular basis, whether a room or set of rooms are earmarked or not, under such contract - Section 194I shall apply.

 

If on regular basis the room is booked for whole year and the amount paid is more 120000. you should deduct TDS

otherwise no

 

thanks

Surya


CCI Pro

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