TDS on catering service

TDS 6541 views 5 replies

hi,

pls clarify followings with notifications,

tds applicable for catering service,hoarding rent paid and erection & installation

 

by

KARTHIK

9940541188

Replies (5)

hi

catering services covered under the Contract 194C 

if contract  deduct the TDS @ 2%

if Sub-contract deduct the TDS @ 1%

If paid the individual or HUF you must Deduct the tds @ 1%

Refer the Direct Tax Ready Reckoner 

All the three are covered u/s 194C

 

You can refer circular no 715 of 1998

https://law.incometaxindia.gov.in/Directtaxlaws/act2005/Sec_194C.htm

hi refer this below mentioned link https://law.incometaxindia.gov.in/File_opener.aspx?page=ITAC&schT=&csId=8cacad88-7ef2-42ae-824d-6df80094dbac&rdb=sec&yr=d8867f97-7ef9-423c-99df-7ef492ca882f&sec=194c&sch=contracts%20and%20sub-contract&title=Taxmann%20-%20Direct%20Tax%20Laws

Hi, Really very useful information here, Its really helpful for me also, i am running a business which provides catering services. Thanks for the post, which provides tds, tax and other useful information.

Hi friends,

 

If the Employer short TDS deducted, then form16 showing payable amount,

Let me know, is it employer  can give the Form16 with due? (with employee accepatance)

 

 

 

Srinivas G.

 

 

 

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register