TaxTMI 
TaxTMI 
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 ?
TAX DEDUCTED AT SOURCE RATE
17 Jan 2015 
1 Reply 
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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. (AI Summary)
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. (AI Summary)
