Witryna16 paź 2024 · The issue under consideration is whether the TDS u/s 194I is applicable on the rent if the accommodation services were taken on a casual basis? ... therefore, he reduced the amount of food expenses from the bills of hotels and also in those cases where the expenses on hotel stay did not exceed aggregate amount of … Witryna11 lut 2024 · Threshold Limit for deduction of TDS on Catering Services under Section 194C of the Income Tax Act, 1961. Payment should not exceed 30,000 in case of a …
What is TDS – TDS Full Form - TDS Meaning Max Life Insurance
WitrynaAnswer: Rate of TDS on catering services; If the payee is Individual or HUF rate is 1%, other than an individual or HUF it is 2%. Exemption Limit Rs. 30,000 for single … WitrynaSituation 1: Whether payments made to a hotel for rooms hired during the year would be of the nature of Rent?. In case of Situation 1 above the Department is of the view that the payments made by persons, other than Individuals and HUFs for hotel accommodation taken on regular basis will be in the nature of rent and hence subject to TDS under … arbeiter kakaoplantage
Tds on payment to hotel conference/meeting - Income Tax
http://www.canaresh.com/information/income-tax-india/tds-hotel-banquet-hall-194c Witryna15 cze 2024 · TDS under section 194C is not required to be deducted in following cases: The amount of payment made to the contractor in a single contract which does not exceed Rs.30,000.If the aggregate amount of such contracts in a financial year exceeds Rs.1,00,000 then TDS will be deducted. When any amount is paid to the contractor by … Witryna18 sty 2024 · As the amount is being paid towards food bill from hotel ind, TDS @ 2% needs to be made as follows: if single bill exceeds Rs 30K or. if aggregrate payments exceeds Rs 75k during the F.Y.. In case of deductee is Individual & HUF it is 1%, but … baker subaru carlsbad