21 June 2016
I have query about is there require to deduct TDS on payment to resort & waterpark if yes pls guide me about how many percentage to deduct & in which category to book it.
29 June 2016
PAYMENT MADE FOR RESORT & WATER PARK IS DEDUCTIBLE UNDER SECTION 194I AND FOR OTHERS TAX IS DEDUCTIBLE UNDER SECTION 194C. IF IT IS A COMPOSITE CONTRACT THEN 194C WILL BE APPLICABLE.