Tds deduction
This query is : Resolved
08 March 2017
is it required to deduct tds on air tickets booking via tour and travel agent by a private limited company for it's employee?
08 March 2017
No TDS applicable.
Reason for not deducting the tax is circular no 715 dated 8.8.95 question number 6.which says that the contract of purchasing of ticket from travel agent or an airline is between the individual person and airline/travel agent though the payee is covered under person defined under section 194C(1),hence no tax is deductible u/s 194C.....
Reason for not deducting the tax is circular no 715 dated 8.8.95 question number 6.which says that the contract of purchasing of ticket from travel agent or an airline is between the individual person and airline/travel agent though the payee is covered under person defined under section 194C(1),hence no tax is deductible u/s 194C.....
08 March 2017
but in our case payment made by Pvt Ltd than applicable??
08 March 2017
Still not applicable..........
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