if any company book a hotel room rent for its employees through sub contract , whether tds should be deducted and under what section .
if any company book a hotel room for its employees to visit for conference, not on contract basis, excees the limits (bill of Rs.445000/-),whether tds should be deducted and under what section.
However, often, there are instances, where corporate employers, tour operators and travel agents enter into agreements with hotels with a view to merely fix the room tariffs of hotel rooms for their executives/guests/customers. Such agreements, usually entered into for lower tariff rates, are in the nature of rate-contract agreements. A rate-contract, therefore, may be said to be a contract for providing specified types of hotel rooms at pre-determined rates during an agreed period. Where an agreement is merely in the nature of a rate contract, it cannot be said to be accommodation ‘taken on regular basis’, as there is no obligation on the part of the hotel to provide a room or specified set of rooms. The occupancy in such cases would be occasional or casual. In other words, a rate-contract is different for this reason from other agreements, where rooms are taken on regular basis. Consequently, the provisions of section 194-I while applying to hotel accommodation taken on regular basis would not apply to rate contract agreements.
Circular : No. 5/2002, dated 30-7-2002.
Good Evening sir
If need informayion about rate contract, like supose if we are paying to any tour operator company for our client for hotelk & transport & for other thing, is it will come u/s 94c or 94 J in TDS or Not.
Please provide me elaborate information on rate contract.
Thanks & Regards
Rajesh Shukla
Dear Sir
We have booked a conference room for a meet and the bill amount was Rs. 33000. It includes stay expenses of few top officials and food expenses. Should i have to deduct TDS on the bill????
| Originally posted by :bharani | ||
| " | if any company book a hotel room rent for its employees, not on contract basis, excees the limits, whether tds should be deducted and under what section | " |
| " | Plz send me circular No.5/2002 of TDS on hotel room. | " |
| Originally posted by :Guest | ||
| " | If Compnay Does not have any contract & is taking room on rent only for visiotr or employees whether it is covered under 194C & liable to deduct TDS if total rent during the year is more then 50000/- because every bill a saperate contract? Please help |
" |
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