Tds on monthly food bill
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 October 2013
Is it mandatory to deduct tds from monthly food bill ,The lunch as well as dinner are served to the workers .The monthly bill is approximately Rs.30000 and served by an individual with out charging any Tax.
11 October 2013
Should normally be covered under 194C.
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11 October 2013
Agree with expert,
If payment make to individuals/HUF – 1% (SC-NIL, EC & SHEC-NIL)
If payment make to other person – 2% (SC-NIL, EC & SHEC-NIL)
If payment make to individuals/HUF – 1% (SC-NIL, EC & SHEC-NIL)
If payment make to other person – 2% (SC-NIL, EC & SHEC-NIL)
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12 October 2013
Firstly there should be a contract with the 3rd party then it will be covered by sec 194C and rates as given above will be applicable.
13 October 2013
No need to deduct tds if raw material is not being provided by the consumer, because in such situation it is simply purchase of food
deduct tds if raw material is being provided by the consumer
check 194-C and correct me
deduct tds if raw material is being provided by the consumer
check 194-C and correct me
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