Hi,
Is TDS applicable on a services booked with HOtel for food and banquets. Eg. for a office staff party, if we book a hotel for a party which will include a hall, food and dj system. Would TDS be applicable on such payments?
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TDS
Replies (5)
I think TDS u/s 194 I for rent will be deducted if payment exceeds exempn lt.
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about day to day practical problems in TDS and their solutions in FAQ
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Publisher
J M Jaina & Brothers,3622 Mori Gate,Delhi-110006
Tel: 011-23915064,23950936Fax:011-23986793
EMail:sales @ jmjaina.com
www.jmjaina.com
about day to day practical problems in TDS and their solutions in FAQ
format (Price Rs.400)is available at
Publisher
J M Jaina & Brothers,3622 Mori Gate,Delhi-110006
Tel: 011-23915064,23950936Fax:011-23986793
EMail:sales @ jmjaina.com
www.jmjaina.com
I think TDS u/s 194 I for rent will be deducted if payment exceeds exempn lt.
As per me if a consolidated bill has been raised for all, then Tds u/s 194C would be deducted on whole of the amount. In case individual bills has been raised, then Tds u/s 194C would be deducted on Rent paid for hall & DJ only.
TDS u/s 194C ,as suggested ,doesnt make sense for full bill.To the extent that payment is for rented space(as you said its a party),it will be TDS for rent(see definition of rent u/s 194 I.
TDS u/s 194C is relevant only for catering part -if any.
TDS u/s 194C is relevant only for catering part -if any.
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