my partnership firm got a bill from a hotel worth rs. 59000 including gst.
my ca is insisting me to deduct tds @ 2% . under section 194c. there is no any other transaction with that hotel except this seminar fee bill. do i liable to deduct.
If you got a bill for seminar hall charges,then tds need to be deducted as per 194j which is tds on rent.
here the the total bill doesn't exceeded the threshold limit of 240000 per year.
there is no need to deduct tds for this transaction...
CAclubindia
