Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 May 2015
our consultancy book air ticket from travel agent. which is our creditor
for ex 11/4/15 Value 12000
12/4/15 Value 10000
And tha last total amt is 85000
Is it tds deductable or not?
please suggest
thanks
for ex 11/4/15 Value 12000
12/4/15 Value 10000
And tha last total amt is 85000
Is it tds deductable or not?
please suggest
thanks
Sandeep Dharar
(Expert)
07 May 2015
Yup, TDS must b deducted since the limit exceeds as mentioned in the section.
08 May 2015
No TDS should be deducted u/s 194C on payment made to travel agent/airline for booking of tickets.This rule is also applicable on other transport medium like rail booking also.
Ref: Circular No. 715, dated 8-8-1995 (Answer to Question No 6)
Link: https://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=Mzg4
Ref: Circular No. 715, dated 8-8-1995 (Answer to Question No 6)
Link: https://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=Mzg4
Message likes :
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CA AnKiT BoHrA (AB)
(Expert)
08 May 2015
Yes no need of deduction of TDS, As we are also doing the same...
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