Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 January 2015 Dear sir

our company conduct exhibition on hotel.so we can deduction the TDS on limied coming in which section 194I or 194C

N.Dineshkumar

Ganeshbabu K

Ganeshbabu K (Expert)
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17 January 2015 194 I applicable on payment to hotel for providing space for rent

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Rupesh Jain

Rupesh Jain (Expert)
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17 January 2015 if they providing the fooding bill then u/s 194C.

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CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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18 January 2015 Only 194I will be applicable. 194C will not apply. Just providing food will not change the nature of service of providing on rent.

"TDS is not required to be made when payment is made for serving food in a restaurant in the normal course of running of the restaurant/cafe."

Dear Rupesh please read notification no 715 dated 08.08.1995 from link given below and see answer to question no 11.

http://www.incometaxindiapr.gov.in/incometaxindiacr/contents/CBDTFiles/Circulars/CBDTLaws/HTMLFiles/sec194c_715_95.htm