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