Hi all
What is tds applicability on payment made to tiffin services provider by company with reference to some circular/ notification if it is deductable u/s 194C.
Do it is included in catering ?
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TDS ON FOOD SERVICES
Replies (5)
Quick Summary
Yes... If billings are without splitting.
Two things .. If the billing has spilltted into Material and Services then TDS will be applicable on the Service Value under Section 194C at 2% or 1% as the case may be otherwise full value of Invoice before GST will attract for TDS..
2% and 1% rate are seperately on company and individual.
Do it cannot be considered "purchase of lunch", and hence in that case no TDS is applicable?
Also when it will be considered as purchase of lunch ?
Also when it will be considered as purchase of lunch ?
@ vinay
it's basically entrusting someone for this job.
it's a mutual.agree.ent enforceable by law.
so it's a contract.
now under which section sec 194 1c
it's basically entrusting someone for this job.
it's a mutual.agree.ent enforceable by law.
so it's a contract.
now under which section sec 194 1c
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