my partnership firm got a bill from a hotel worth rs. 59000 including gst.
my ca is insisting me to deduct tds @ 2% . under section 194c. there is no any other transaction with that hotel except this seminar fee bill. do i liable to deduct.
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Tds on hotel bills
Replies (3)
If you got a bill for seminar hall charges,then tds need to be deducted as per 194j which is tds on rent.
here the the total bill doesn't exceeded the threshold limit of 240000 per year.
there is no need to deduct tds for this transaction...
here the the total bill doesn't exceeded the threshold limit of 240000 per year.
there is no need to deduct tds for this transaction...
Sorry typo error consider 194I instead of 194J
It is advisable to deduct TDS on hotel bills @ 2% under section 194C as in current case the bill amount exceeds 30000/-.
Section 194I is not at all applicable in view of fact that it's a composite contract and a contract in the form of a package of various services/charges.
The onus is on Partners Firm for non-deduction of TDS and hence payer will prefer to deduct TDS .
TDS is not required to be deducted on bill amount including GST. TDS is on amount before GST.
Section 194I is not at all applicable in view of fact that it's a composite contract and a contract in the form of a package of various services/charges.
The onus is on Partners Firm for non-deduction of TDS and hence payer will prefer to deduct TDS .
TDS is not required to be deducted on bill amount including GST. TDS is on amount before GST.
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