Deduction of tds by travel agent

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 November 2012 MY clients is a travel agent.He hires vehicle from individual car owner and engaged such car with Airtel,Nalco etc.Airtel,Nalco etc are dedcuting Tds on Payment to My client.But if my client want to deduct tds on payemnt to such individual car owner they are not agreing ,so any exemption is their in IT act.

Is there any way that one can argue that our client need to deduct tds u/s 194I because maximum car owner transaction during the year was less than 180000.So he has to convince very few car owner to deduct tds

Sunny Sonwal

Sunny Sonwal (Expert)
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06 November 2012 No, There is no exemption regarding this.

You should ask him to read section 194C.

Message likes : 1 times

CA Prashant Gupta

CA Prashant Gupta (Expert)
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06 November 2012 No, it can't be possible
company will deduct TDS on car hiring.

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