TDS on hotel room rent
This query is : Resolved
01 February 2021
Dear Sir,
A tour operator company lodging their guest in other hotels , and they are paying monthly once to hotel.
now hotel bill approx. 90,000/-. Any TDS will deduct on the hotel charges. ?
A tour operator company lodging their guest in other hotels , and they are paying monthly once to hotel.
now hotel bill approx. 90,000/-. Any TDS will deduct on the hotel charges. ?
02 February 2021
TDS applicable under section 194I 10%.
02 February 2021
But if the agreement between the tour operator company and the hotel is in the nature of 'RATE CONTRACT' no need to deduct tax u/s 194I. Inference :- CBDT Circular 5, dated 30-07-2002.
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