If company arrange cattering for some events, then cattering amount exceeds 20k is TDS has to deduct
Amir
(Learner)
(4016 Points)
Replied 08 January 2010
Dear Prakah,
I don't think there is any specific exemption to catterres and Hence TDS is to be deducted u/s 194 C @ 1% ON Payment to Individua./HUF and @ 2% in other cases
pavanreddy
(Student)
(104 Points)
Replied 08 January 2010
tds on catering services will be treated as contracted tax rate will be applicable 2% in cse of company 1% in any other case