194c deduction
This query is : Resolved
08 November 2011
I am working with Encore Events Private Ltd,they have been purchasing their air tickets through Chiya Tours and Travel P ltd and had not deducted any TDS till the end of March 2011.
But suddenly their CA during internal audit has raised a query that TDS should be deducted on air tickets from Chiya,whereas Chiya is not ready for TDS being deducted on their bills.
I want a clarification on the above subject stating whether TDS to be deducted or not.
Pls also state the criteria for deduction.
Regards
Murali
I am working with Encore Events Private Ltd,they have been purchasing their air tickets through Chiya Tours and Travel P ltd and had not deducted any TDS till the end of March 2011.
But suddenly their CA during internal audit has raised a query that TDS should be deducted on air tickets from Chiya,whereas Chiya is not ready for TDS being deducted on their bills.
I want a clarification on the above subject stating whether TDS to be deducted or not.
Pls also state the criteria for deduction.
Regards
Murali
09 November 2011
Reimbursement of ticket fare will not attract TDS, however, service charges will attract TDS if it exceeds the threshold limit
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Regarding ITR filing with more value than showing in AIS/TIS
- Exiting partner in partnership firm in gst portal
- NRI INSURANCE ADVISOR
- Average Cost Of High Quality Diamonds
- TAX AUDIT QUESTION
- Difff in ais receipts and gst turnover
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Due Date Clarity
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
