Under which section tax will be deducted for hiring of banquet hall. If the bill is like conference charge for 120 pax 700 per person plus DJ charges Rs. 7000 & PPL licence Rs 2000.
Best regards
Divya Sethi
(ca student)
(459 Points)
Replied 13 November 2014
The renting of Banquet halls for conducting the Seminars/conferences would fall within the ambit of the definition of the taxable service provided by a Mandap Keeper as such seminars/conferences are considered as official/business functions.
Mihir
(Wealth Manager)
(5293 Points)
Replied 13 November 2014
If rental income exceeds 180,000/- pa, then TDS u/s 194-I at 10% will have to be deducted.
Swami Ayyappa Nuli
(TAX ADVISOR & CONSULTANT AT G.S.T SUVIDHA CENTER)
(1372 Points)
Replied 13 November 2014
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)