Dear Members
I would like to know whether payment to Airline/ Shiper by logistics companies attract TDS ? Is there any exemtion to airline.In this case Logistics comapny will get reimbursement from their client for these expense.If there any IT notification Pls mention that
Joshy
Hello,
In case of payment by Logistic company to Airline/shipper, TDS will be required to be deducted u/s 194C. See circular No 713 date 2 August 1995.
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CAclubindia
