Vaibhav Singh (M.Com.+C.A. Finalist+C.S. Final) (39 Points)
27 August 2013Dear 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
Sachin Rajput
(account exe)
(593 Points)
Replied 27 August 2013
u can deduct 10% on rent value and 2% on food value.. if mixed both item thn deduct 2% as per 194C..
NAVEESH DHAR
(ADVOCATE- TAXATION ADVISOR)
(427 Points)
Replied 27 August 2013
chandra sekar
(Manager-Accounts)
(387 Points)
Replied 12 September 2013
I think this particular expenses goes to travel, than where the question of TDS Comes?
Siddharth
(Student)
(128 Points)
Replied 13 September 2013
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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