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Question ID : 2202

TDS on rent

Where Co. do not have any formal contract with hotel, but pays directly to hotel for its gus agast room rent for any fancial year more than Rs.120000,-, is there any requirement to deduct tax at source u,s 194I of IT Act,1961. '

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Posted by Rahul Jain on Mar 27, 2006
Filed Under DIRECT TAXES

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