Tds on payment of inaugral party

We are planning an Inaugural Party at our office no. of guests would be :-50-60. We are in contract with Taj for the same.

 

Detail of the estimated bill is given below:-

 

 

TAJ MAHAL HOTEL

 

 

FOOD

       133,300

 

 

SET UP/LIGHTNING

            5,570

 

 

TRANSPORTATION

          55,700

 

 

 

       194,570

 

 

OUTDOOR CHARGES

10%

 

 

 

          19,457

 

 

TOTAL

       214,027

 

 

 

Beverages additional

 

 

   

 

Just wanted to confirm whether TDS would be deducted in this case, if yes then what will be its percentage.

Replies (2)

deduct TDS 2% on full amt of bill

As Per my opinion , TDS would be taxable only if  you get your audit done , it means if your turnover exceeds Rs. 60 lakhs in previous year for industry and Rs. 15 lakhs for professionals.

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