Tds-u/s 194c
Querist : Anonymous
Please reply with reasons & all the possible situations ?
IF YOU ARE TAKING REGULAR SERVICE OF TRAVEL AGENT, IT IS A NATURE OF CONTRACT.
SO THAT TDS IS TO BE DEDUCTED U/S194C..
BUT CHECK AMOUNT OF BILL IF ONE EXCEEDING RS 30000 OR ANNUALLY EXCEEDING OF RS 75000.
Air ticket charges are not taxable. Only agent service charges are taxable. that is why mostly travel agent issue two bills one for ticket charges and other for their service charges
Querist : Anonymous
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