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TDs

This query is : Resolved 
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(Querist)
18 January 2010 Hello CA's...

Please clarify:
ours is a private company,
we recieved services from travel agents who book air tickets for our managements travel. they send us statement every quarterly.
at time of payment, any tax to be deducted? if so under what sec? at what rate? any thresshold limit?

Please clarify.

Cheers..Santosh.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
18 January 2010 Travel Agents -No need to deduct TDS Circular No.713/2.8.95 & 715/8.8.95
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