Respected Sir/Madam,
1. Our company books travel tickets and hotel stays through a corporate account with MakeMyTrip, which includes a separate line item for service charges on each invoice. Is TDS applicable on these service charges? If so, how can we manage this, as we are required to pay the full amount upfront via credit card?
2. Is TDS applicable on the hotel room rent ?
1. Section 192: TDS on salaries
2. Section 194A: TDS on interest other than interest on securities
3. Section 194C: TDS on payments to contractors and subcontractors
4. Section 194D: TDS on insurance commission
Please specify the context or type of payment to determine the applicable section for 10% TDS.
As per section 194C of the Income tax act , Only 1% for Indivdual & 2 % For others are applicable in case of payment to Contrator / sub Contrator , subject to conditions , 10% is no where in the section 194C of the Income tax act .
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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