Dear Sir,
Is tds applicable to contribution paid for annual dinner hosting expenses to ACCAI. Please note ACCAI is sent us an invoice with service tax and the amount is above Rs.300,000/-
Kindly suggest.
Santosh
Santosh (SERVICES) (24 Points)
09 August 2011Dear Sir,
Is tds applicable to contribution paid for annual dinner hosting expenses to ACCAI. Please note ACCAI is sent us an invoice with service tax and the amount is above Rs.300,000/-
Kindly suggest.
Santosh
CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 09 August 2011
Yes, you need to deduct TDS on that.
TDS laws application on expenditure you are booking..
As Dinner Hosting expenses are in the nature of "Contract", TDS u/s 194(C)
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
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