TDS

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 June 2010 As Tour Operator ,at how much rate TDS will be made in case payment is made to Other Travel Agent for combined bill of Hotel & Taxi hiring
Taxi Hiring -25000
Hotel-30000
Amount of TDS???????

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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15 June 2010 Better ask the separate bill for each for deducting correct rate. If not possible safer side deduct Higher Rate u/s.194I

CA Sanat Pyne

CA Sanat Pyne (Expert)
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15 June 2010 for combined bill 10% 0N 55000
for separate bill
Taxi Hiring -25000 (94C) 1% (NON COMPANY)OR 2%(COMPANY)
Hotel-30000 (94I) 10%

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CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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15 June 2010 IN MY VIEW NO TDS IS REQUIRED TO BE DEDUCTED.

Querist : Anonymous

Querist : Anonymous (Querist)

15 June 2010 Why TDS On Hotel Service provided will be deducted by tour operator comes u/s 194I

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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15 June 2010 Since it is nature of Rent it is covered under 194I. but Since your question little bit clarification required whtheter charges for using room or arranging the hotel?