11 February 2012
If we are making any of the payment to travel agent who is booking ticket on behalf of our company as per our request , our company is semi government company. so transaction as first he is booking the tickets & than he is sending a invoice to company, as cost of the ticket for no. of persons tickets booked as per location given plus his service charges & service tax as per applicable rate. & yearly company paying to such travel agent more than 10 lakhs for such service. so, we want to know whether TDS applicable to him or Not & if applicable than under which section? Also suggest whether company want to entered with him contract agreement or not for such kind of transaction.
CAclubindia
