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

chetan soni

chetan soni (Expert)
Follow

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.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
Follow

10 February 2011 Payment made to travel agency do not attract TDS.

K V Subba Rao

K V Subba Rao (Expert)
Follow

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

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

DSK TMC

Anju Susan

CA K GIRIDHAR

Sapan Kumar Nayak

Credible HRM

Subscribe Now

TDS related query

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA