Hi All...
I would like to know the TDS applicability in case a company books hotel room for 3 days and the payment is in lacs. Is TDS to be deucted?
3 Replies
Pankaj Arora
(Learner)
(3134 Points)
Replied 10 January 2011
I think tds can not be deduct under any section of tds.
CA Shraddha Bankar
(CA)
(175 Points)
Replied 10 January 2011
TDS is not to be deducted but if there is any contract with hotel then TDS is to be deducted u/s 194C @ 2%.
CA MAULIK
(C.A)
(937 Points)
Replied 12 January 2011
| Originally posted by : Shraddha Bankar | ||
 |
TDS is not to be deducted but if there is any contract with hotel then TDS is to be deducted u/s 194C @ 2%. |
 |
Agree with Shraddha.........if hotel has a contract wid the client ,,then yes otherwise no.......asper sec194 I
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