Whether tds applicable or not?
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
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.
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.
12 February 2012
MAKE A WRITTEN AGreement wid him an deduct tds u/s 194C otherwise u hv to deduct tds on a higher rate i.e 10% u/s 194H
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