27 October 2012
you spend how TDS will apply? when u earn tds applies is it not? tax deduction at source so the airlnes coy or hotel etc may pay but how you!
27 October 2012
In this case you are liable for payment of service tax on airline tickets, hotel accomodation arranged by the tour operator but no TDS is applicable as you are making the payment and not otherwise.
29 October 2012
what will be the tds amount in this case i.e. whether it will be deducted on entire pmt of Rs.100000 (not logical) or only on commission amount. in the first case company do not know the commission amt since same is not shown sepertely in the bill so will Tax be deducted on entire 100000 in the first case.
29 October 2012
always when one frames questions he or she should know how to frame the question else a lot of confusions pls. this is not to say anything like offensives but to streamline think process pls...adv.dr g balakrishnan
29 October 2012
Abhishek, You could ask the agent to submit two separate bills - one for the expenses such as air ticket, accomodation & other actuals paid by him on behalf of the company. Treat this as PURE reimbursements, hence NO TDS is applicable on this payment.
In the second bill, the agent should claim his commission/charges etc. Deduct TDS only on this payment.
This is the actual practice. I had to educate my agent & then he became a smart cookie!
CAclubindia
