Hello everybody.
I have a query. My friend is organizing a music concert in Mumbai. So he has invited certain international bands to perform at the concert. The contract is such that the organisers will only handle the band members airline ticket and also pay their boarding & food costs here in the nature of reimbursement. There will be no performance fees involved. So the expenses as such as just reimbursement of the band's cost and their actual cost of performance will be "NIL". So section 195 will not be attracted right?
Secondly, does it make a difference if the organisers book the ticket themselves first and send it to the band members? Will that be an issue? As the actual contract is just for reimbursement of expenses. Sending the money across the country might be troublesome so can this way of directly booking tickets on behalf of the band members be safe for them?
CAclubindia
