Does tds is deducted when payment is made to particular hotel for staying and in an year it exceeds 70000???
If yes ,than kindly tell me under which section????
required reply on an urgent basis....
itika mehra (articled assistant) (202 Points)
19 February 2014Does tds is deducted when payment is made to particular hotel for staying and in an year it exceeds 70000???
If yes ,than kindly tell me under which section????
required reply on an urgent basis....
CA. Kuldeep Singhi
(Entrepreneur)
(424 Points)
Replied 19 February 2014
TDS is not required to be deducted assuming it has been taken on regular basis as it does not exceed Rs.180000 i.e. the limit placed u/s 194I.
& if taken on irregular basis i.e. one time then no need to deduct TDS whatever the amount you pay. So in your case no TDS deduction required
SHASHANK AGARWAL
(self employed)
(114 Points)
Replied 04 March 2014
No tds upto rs 180000
for more queries : https://knowyourtaxation.blogspot.in/