TDS on Agents
This query is : Resolved
29 January 2010
i've heard from quite a few of my collegues that we don't have to deduct tds on service rendered by travel agents.(For booking tickets). is it true?? and why such an exemption for them??
29 January 2010
this is true. because it is reimbursement of exp.
For humor : agent purchased ticket for you and if you will deduct TDS on it how he can survive.
normally agents issue two types of invoices one for ticket which is as nature of reimbursement so no TDS and one for their commission which is liable to TDS.
For humor : agent purchased ticket for you and if you will deduct TDS on it how he can survive.
normally agents issue two types of invoices one for ticket which is as nature of reimbursement so no TDS and one for their commission which is liable to TDS.
29 January 2010
if two invoices are available then the question of doubt does not arise.. but, what if there is a single invoice?? generaly when something like this happens in 194C they ask us to deduct tds on full (Invoice) amt.
So should the similar thing be done here?? can we deduct tds on full amt. as tds on Brokerage and Commission??
So should the similar thing be done here?? can we deduct tds on full amt. as tds on Brokerage and Commission??
29 January 2010
in my case the payment is made for booking flight tickets.. so he will be keeping some amt. as his margin/commission.. so aren't we liable to deduct tax for the commission??
29 January 2010
Travel agents payment not attact the TDS, Circular No.713/715 Dt.2 & 8 th August 1995
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN REDEVELOPED FLAT
- Multiple payment of self assessment tax for A Y 2025-2026
- REGARDING ITR FILING QUESTION
- Requirement under FEMA &RBI
- CLOSING STOCK QUERY
- PF wage ceiling
- Correction in TDS return New Traces Portal
- TDS refund Indemnity Bond
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- WHERE I SHOW GST 0% INVOICE IN GSTR1 (EITHER TABLE 7 OR TABLE 8)
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
