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TDS

This query is : Resolved 

05 July 2010 TDS is applicable for hotel ling industries? If Yes Pl explain

05 July 2010 TDS is not based on the industries. If some one taken hotel rooms on regular contract basis, the TDS 194I will apply

05 July 2010 payments made by persons other than individuals and HuFs for hotel or accommodation taken on regular basis will be in the nature of rent subject to TDS u/s 194I (refer paa 165 2-2 of current Taxmann's Ready Reckoner).


31 July 2010 payments made by persons other than individuals and HuFs for hotel or accommodation taken on regular basis will be in the nature of rent subject to TDS u/s 194I (refer paa 165 2-2 of current Taxmann's Ready Reckoner).



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