TDS related query
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 February 2011
hi experts, If transaction fee(like service charge or commission) is paid to travelling agency for booking the tickets then tds will be deducted on transaction fee amount or not (u/s 194h). pls help me
10 February 2011
generally the payment called as brokerage. Brokerage paid to ticket agent is considered as contract fees paid to agent. This will be treated as contract fees u/s 194C, only brokerage due/paid will be considered for defining the limits specified by sec194C.
Limits are 35K per single transaction or 75K in a year.
Limits are 35K per single transaction or 75K in a year.
10 February 2011
Payment made to travel agency do not attract TDS.
10 February 2011
No need. You may plz check the following link
https://blogs.siliconindia.com/INCOMETAX/Payment_To_Travel_Agents_for_AirLine_Tickets_Tds_applicable_or_not-bid-K3sWpSrT82954490.html
No need. You may plz check the following link
https://blogs.siliconindia.com/INCOMETAX/Payment_To_Travel_Agents_for_AirLine_Tickets_Tds_applicable_or_not-bid-K3sWpSrT82954490.html
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
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- About TDS & Income Tax
- PPF interest-As Exempt Income disclosure
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Not able to file ITR
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
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
