Rajen
(Professional)
(122 Points)
Replied 07 June 2007
vijaymnarwani@gmail.com
(18 Points)
Replied 07 June 2007
Agraamit
(13 Points)
Replied 07 June 2007
bharani
(ca)
(46 Points)
Replied 08 June 2007
ASHISH JAIN
(CA)
(52 Points)
Replied 05 July 2008
Nagaraju Pogula
(Partner)
(175 Points)
Replied 23 July 2008
However, often, there are instances, where corporate employers, tour operators and travel agents enter into agreements with hotels with a view to merely fix the room tariffs of hotel rooms for their executives/guests/customers. Such agreements, usually entered into for lower tariff rates, are in the nature of rate-contract agreements. A rate-contract, therefore, may be said to be a contract for providing specified types of hotel rooms at pre-determined rates during an agreed period. Where an agreement is merely in the nature of a rate contract, it cannot be said to be accommodation ‘taken on regular basis’, as there is no obligation on the part of the hotel to provide a room or specified set of rooms. The occupancy in such cases would be occasional or casual. In other words, a rate-contract is different for this reason from other agreements, where rooms are taken on regular basis. Consequently, the provisions of section 194-I while applying to hotel accommodation taken on regular basis would not apply to rate contract agreements.
Circular : No. 5/2002, dated 30-7-2002.
Rajesh
(Accounts Manager)
(46 Points)
Replied 27 September 2008
Good Evening sir
If need informayion about rate contract, like supose if we are paying to any tour operator company for our client for hotelk & transport & for other thing, is it will come u/s 94c or 94 J in TDS or Not.
Please provide me elaborate information on rate contract.
Thanks & Regards
Rajesh Shukla
Sridhar J
(Manager finance)
(0 Points)
Replied 08 October 2008
Dear Sir
We have booked a conference room for a meet and the bill amount was Rs. 33000. It includes stay expenses of few top officials and food expenses. Should i have to deduct TDS on the bill????
| Originally posted by :bharani | ||
| " | if any company book a hotel room rent for its employees, not on contract basis, excees the limits, whether tds should be deducted and under what section | " |
freinds
(Accountant)
(20 Points)
Replied 18 November 2008
| " | Plz send me circular No.5/2002 of TDS on hotel room. | " |
suresh mishra
(partner)
(0 Points)
Replied 28 November 2008
| Originally posted by :Guest | ||
| " | If Compnay Does not have any contract & is taking room on rent only for visiotr or employees whether it is covered under 194C & liable to deduct TDS if total rent during the year is more then 50000/- because every bill a saperate contract? Please help |
" |
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