TCS on travel expesnes

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This discussion clarifies whether Tax Collected at Source (TCS) on travel expenses can be deducted when filing income tax returns (ITR). The consensus is that it is eligible for deduction, especially when reflected in your company's Form 26AS. The applicable TCS rate for overseas travel packages is 5% for amounts up to ₹10 lakh, and 20% for amounts exceeding ₹10 lakh.

binu sukumaran

binu sukumaran (Querist)

08 July 2025 sir.
While preparing book of accounts for audit , it found that there is deduct of TCS (5%) On travel expenses payment . our owners went to aboard for business purpose . Same amount is reflected in our company 26 AS.
Can we deduct this amount while making income tax payment (ITR) .
Please advise
With regards
Binu

Dhirajlal Rambhia

Dhirajlal Rambhia

(Expert)

08 July 2025 Yes, eligible.

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binu sukumaran

binu sukumaran (Querist)

08 July 2025 sir
Thanks for the replay .
Sir Let's me know TCS is applicable in traveling exp and it is 5%. For just for my knowledge

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Dhirajlal Rambhia

Dhirajlal Rambhia

(Expert)

08 July 2025 As of the current date the Tax Collected at Source (TCS) rates applicable to foreign travel from India, (Finance Act 2025):

Overseas Tour Packages:
Up to ₹10 lakh: A TCS rate of 5% is applicable.
Above ₹10 lakh: A TCS rate of 20% is applicable on the entire amount.

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Dhirajlal Rambhia

Dhirajlal Rambhia

(Expert)

26 September 2025 Good luck...

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