TDS

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
06 July 2010 Hotel provide foreign exchange facility to its guests and then hotel sell the foreign currency to authorised dealer with whom hotel had entered into agreement .
Autorised dealer gives commission to hotel say @4% by including the same to exchange rate .
Now the question arises whether the said commission is liable to TDS .

06 July 2010 It shall be covered u/s 194H

06 July 2010 Yes the said commision will attract TDS provisions under section 194H.




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