Query about tds deduction on payment to resort & waterpark

This query is : Resolved

AKASH (Querist)
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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.

Soumitra Basu

Soumitra Basu (Expert)
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24 June 2016 PLEASE TELL THE STATUS OF THE FIRM AND NATURE OF PAYMENT TO BE MADE .

AKASH

AKASH (Querist)
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28 June 2016 OUR COMPANY IS PRIVATE & LIMITED AND PAYMENT MADE FOR ONE RESORT & WATERPARK FOR THE PIC NIC PURPOSE

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Soumitra Basu

Soumitra Basu (Expert)
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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.