Our company booked a hotel room for a technical consultant for 10 days ,Total bill amount Rs.36000/- , TDS to be deducted or not ? If Yes what is the TDS percantage ?
Deepak Tapse
(Accounts Manager - Taxation)
(1771 Points)
Replied 30 November 2009
If total amount above 1.20 lakhs then tds to be deducted @ 10% u/s 194I
CAclubindia
