Tds applicability
This query is : Resolved
Rakesh Sharma
(Querist)
11 March 2014
Dear Sir, Our directors have visited from Delhi to Hyderabad for business purpose. After this visit, we have recd. 1 invoice of Air fare of Rs.31280/- & 1 invoice of Hotel (night stay) of Rs. 7500/- from travel agent (Proprietor concern) as per detailed invoices :-
1) Air Fare :-
i) Fare : 26849.00
ii) S.Tax : 168.00
iii) Void / Tax : 4263.00
------------
Total 31280.00
------------
2) Hotel Exp. : 7500.00 (consolidated bill) My question is that, should we deduct TDS while credit the above mentioned invoices, if yes, on which amount.
Its urgent,
Please advise
Thanks.
1) Air Fare :-
i) Fare : 26849.00
ii) S.Tax : 168.00
iii) Void / Tax : 4263.00
------------
Total 31280.00
------------
2) Hotel Exp. : 7500.00 (consolidated bill) My question is that, should we deduct TDS while credit the above mentioned invoices, if yes, on which amount.
Its urgent,
Please advise
Thanks.
Sandeep Dharar
(Expert)
11 March 2014
No TDS should be deducted, coz it is a business purpose expense, & uy hv to pay the gross amount without deducting TDS.
Ganeshbabu K
(Expert)
11 March 2014
No tds applicable onboth transactions
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