Dear all, Please let me know that if a company does not have a regular contract with Hotel to stay company's guest in Hotel. Then whther the company should deduct TDS on Hotel bill which includes fooding bill also. If yes then in which Sectiion 194I or 194C?
Thanks
u can deduct 10% on rent value and 2% on food value.. if mixed both item thn deduct 2% as per 194C..
I think this particular expenses goes to travel, than where the question of TDS Comes?
Hi,
No need to Deduct Tds if there is no contract or if it is not on regular basis.
Circular No. 5/2002, dated 30-7-2002
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