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

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... TDS on Tea and Snacks paid along with Office Bldg. Rent
Query (Issue) Started By: - PRADEEP jain Dated:- 20-9-2012 Last Reply Date:- 26-9-2012 Income Tax
Got 1 Reply
Income Tax
We have t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... aken 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... we should deduct TDS on the same. Kindly advise. Regards Pradeep Jain Reply By Rajendran Natesan: The Reply: Hi Pradeep Jain, Office Rent is different and Tea , snacks and Lunch is different, fo .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... r 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ,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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Rs.30,000 PA) I hope this will help you to process your job.... Thanks N. Rajendran Finance & Account
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X