2024 Is tds applicable on hotel booking

Is tds applicable on hotel booking

Author: wttl

August undefined, 2024

Witryna10 kwi 2024 · On the negative side, the GST has led to an increase in the tax burden on the tourism industry. This is because the GST rates applicable to various services offered in the tourism industry are higher than the rates of taxes that were previously applicable. For instance, the GST rate on hotel accommodation is between 12% and … Witryna21 sie 2024 · Tds should be deducted u / s 194 H. It can noway be deducted u/s 194c. As the travel agent is giving bill without mentioning his service charges, it'll be in the nature of contract and Section 194C will be applicable. If he is giving the service charges seperately, the Section 194H will apply on the Service Charges.

TCS Applicability on International Travels - TaxGuru

Witryna10 lip 2010 · 23. As noticed above, the facilities / amenities made available by the petitioner No.1 hotel to its customers do not constitute ‘work’ within the meaning of section 194C of the Act. Consequently, the circular No.681 dated 8/3/1994 to the extent it holds that the services made available by a hotel to its customers are covered under … Witryna16 paź 2024 · The learned CIT (A) erred in confirming the disallowance of Rs. 4,68,543/- under section 40 (a) (ia) on the ground that no TDS was effected on payments to … blue track pants women\u0027s

TDS APPLICABILITY ON HALL CHARGES - Google Groups

Witryna10 sty 2015 · Whether A company can deduct TDS for an Individual business for booking air tickets and hotel stay charges as per section 194C. that Individual business is … http://www.canaresh.com/information/income-tax-india/tds-hotel-banquet-hall-194c http://expertspanel.in/index.php?qa=21435&qa_1=tds-applicability-on-payment-to-tour-operator clem won\u0027t get on the bike

TDS on booking an air ticket - The Tax Talk

No Section 194I TDS on Rent if Accommodation Services taken …

Witryna9 lis 2016 · Thanks. 4 Dated: 13-9-2016. By:- CMA Pooja Chauhan. TDS ON HIRE OF HOTEL. Circular No. 715 dated 8-8-1995. Payments made by persons other than individuals and HUF for hotel accommodation taken on regular basis will be in the nature of rent subject to TDS. Circular : No. 5/2002, dated 30-7-2002. Where earmarked … Witryna30 lip 2002 · Ans.: Payments made by persons other than individuals and HUF for hotel accommodation taken on regular basis will be in the nature of rent subject to TDS under section 194-I." [Emphasis supplied] In this context, doubts have been raised as to what constitutes "hotel accommodation taken on regular basis" for the purpose. 2. blue tracksuit bottoms boysWitryna16 paź 2024 · The learned CIT (A) erred in confirming the disallowance of Rs. 4,68,543/- under section 40 (a) (ia) on the ground that no TDS was effected on payments to Royal Yacht Club. 2. The learned CIT (A) erred in misinterpreting Circular No. 5 dated 30th July 2012. 3. The learned CIT (A) erred in holding that the accommodation was taken on … blue tracksuit for boys

"Witryna22 cze 2024 · Threshold limit. Rs. 30,000/- for single payment. Rs 1,00,000/- aggregate during the financial year. Timing of TDS is normal. It is required to be done at the time … " - Is tds applicable on hotel booking

Is tds applicable on hotel booking

Circular No. 5/2002-Income Tax Dated 30-7-2002 - TaxGuru

http://www.amcount.com/Information/TDS/variousincomes/rent/specialissues/rent_spe_tds.htm Witryna28 gru 2014 · So the petition is allowed by quashing the circular No.681 dated 8/3/1994 to the extent it holds that section 194C of the Income Tax Act applies to payments by …

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Witryna29 maj 2024 · We have booked only international hotel for our clients is tcs applicable on the same, if we paid the same to indian supplier for hotel booking then tcs responsibility on whom? Reply. November 26, 2024 at 10:26 am Prince verma says: ... Salary TDS U/S 192 Changes/Clarification W.E.F. 05/04/2024; Witryna15 maj 2024 · Brief Background Tour Operator (hereinafter referred as Service Provider) provides services to the ultimate consumers (Recipient) through various counterparts such as the Airline companies, local taxi operators, hotel, embassy issuing visas and many other services. The major sources of Income for Tour Operators are: 1. …

Witryna4 maj 2024 · Whether TDS is applicable u/s 194C on payment made to tour operator for hotel services. (He has charged fixed rate for number of persons) (Bill charged by … Witryna14 mar 2012 · For conference hotel provided with the hall, projector, PA system and, Lunch. Our finance department wants to deduct Tax on the conference charges which includes lunch under section 194C. In our view TDS is not applicable under section 194C as food provided by the hotel in the conference hall does not amount to …

Witryna28 mar 2024 · Should TDS be deducted on hotel room charges above 30000/- and total amount above 240000/- during the year. ... Reply. November 22, 2024 at 12:25 pm HITESLATECHA says: Online hotel booking will be covered under section 194c .Please advise. Reply. May 16, 2024 at 3:51 pm ... Top 15 Income tax Amendments … Witryna4 mar 2024 · Salary TDS U/S 192 Changes/Clarification W.E.F. 05/04/2024; Important Statutory due dates for LLP Annual Filing FY 2024-23; Top 15 Income tax Amendments applicable from 1st April 2024; ICAI amends CPE Hours Requirements from 01st January 2024; View All Popular Posts

Witryna24 maj 2012 · TDS on the charges you pay to a Barber? The word ‘carrying out any work’ in section 194C is limited to any work which on being carried out culminates into a …

clemyjontri reservationsWitryna8 cze 2011 · TDS on Hotel Booking made abroad This query is : Resolved Report Abuse Follow Query Ask a Query. Querist : Anonymous Querist : Anonymous (Querist) 08 June 2011 A Pvt Ltd company is going to book hotel abroad for delegates attending a meeting organized by company. Is the company liable to deduct TDS on full advance … blue tracksuit anime characterWitryna13 lut 2024 · My query is whether I need to deduct TDS and if yes under which section and at which rate. (194-c, 194-H, and what will be the exemption limit) please guide. 13 February 2024 Tds on commission u/s 194H, Threshold limit increased to Rs.15000/ wef 01.06.2016 earlier Rs.5000/- and TDS reduced to from 10% to 5%. 13 February … blue tracksuit sheinWitryna23 kwi 2024 · Hotel booking done is subject to TDS u/s 194I if "hotel accomodation is taken on regular basis" as clarified by the CBDT later on by issuing a circular no No. 5/2002, dated 30-7-2002. However if hotel booking is done through an agent then TDS would be attracted u/s 194C @ 1% for Individuals and HUF AND 2% for others. blue tracksuit with white stripesWitryna28 mar 2024 · Should TDS be deducted on hotel room charges above 30000/- and total amount above 240000/- during the year. ... Reply. November 22, 2024 at 12:25 pm … bluetrack trainingWitryna1 sie 2024 · Accordingly, no TDS needs to be done in case of booking an air ticket whether directly with airlines or by the help of the agent. Clarification regarding … blue tracksuit toddlerWitryna4 sty 2024 · Yes T.D.S is applicable and the applicable Section is 194C. Not clear with 194 C. Payment is made to resort directly. No middleman/agent. Food is served in the resort similar to food served in hotel. So it can't be considered as catering service. There is no contract with resort. cle museum natural history