TAX DEDUCTED AT SOURCE RATE

[SURYAKANT MITHBAVKAR]

We incurred expenses for get together and received restaurant bill for Special Package for 15O PAX.

In view of the above what rate of T.D.S. we have to deduct ?

[DR.MARIAPPAN GOVINDARAJAN]

For what purpose the get together was conducted?

AI Summary

Tax Deducted at Source: applicability depends on purpose of expenditure; determine classification before withholding and rate required. Determination of the Tax Deducted at Source rate on a restaurant package depends on whether the payment is a taxable service, contractual fee, reimbursement, or exempt business hospitality; ascertainment of the commercial purpose and legal classification is required before fixing withholding liability and the applicable TDS rate.