Amir
(Learner)
(4016 Points)
Replied 07 January 2010
If Co is reimbursing these expenses to employees then the answer would be "NO"
If the CO. IS DIRECTLY MAKING THE PAYMENT TO HOTELS, then "YES"
CA Nitin Wadhwani
(Chartered Accountant)
(4469 Points)
Replied 07 January 2010
I agree with answer given by Mr.Amir, but add one point more that Co. will have deduct u/s 194I only if they have "an arrangement" with the hotel otherwise u/s 194C.
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 08 January 2010
only for room rent if there is an agreement between hotel and company and if the payment exceeds Threshold Limit of 1,20,000/=p.a under sec 194I .No TDS on Food&Beverages
ejaz naiyer
(C.A. FINAL)
(293 Points)
Replied 08 January 2010
I could not understand why TDS will be deducted.
CA Reetika Agarwal
(Chartered Accountant)
(43 Points)
Replied 08 January 2010
TDS will ot be deducted...............
CAclubindia
