Tds applicable on caterers bill

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 April 2014 We have received bill for Caterers ( lunch & dinner) amounting Rs 2,45,050/- i wnat to know is there TDS applicable on this bill.if yes, on which rate?

10 April 2014 Yes, TDS deduction liability applicable u/s 194C and if the payee is Individual or HUF TDS rate is 1 % otherwise 2%(Provided PAN of the payee available, otherwise 20%).

OM SAI SRI SAI JAI JAI SAI



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries