TDS on Tea and Snacks paid along with Office Bldg. Rent, Income Tax

[PRADEEP jain]

We have taken office on rent in Birla Building, Kolkatta on which we are deducting TDS. Now we are making payment of tea and snacks and lunch to Birla Building Limited who is providing these services. Whether we should deduct TDS on the same. Kindly advise.

Regards

 

Pradeep Jain

Posts / Replies

[Rajendran Natesan]

Hi Pradeep Jain,

      Office Rent is different and Tea , snacks and Lunch is different, for that you need to receive Three Invoices, why because the Treatment of TDS is differ from oneanother..

For Office Rent is 10% - (194I) of Gross amount Exclusind Service Tax ( the cut off amount is 1,80,000 PA)

for Tea and Snacks are coming under Contract  that is 2% 194C (Cut off  amount is Rs.30,000 PA)

For Lunch are also coming under Contract that is 2% on Gross Amount 194C( Cut off amount is Rs.30,000 PA)

I hope this will help you to process your job....

 Thanks

 N. Rajendran

Finance & Account