Is there TDS applicability on payment made to tour & travell companies for flights and train ticketes booking ?
Menu
Tds applicabiliy
Replies (2)
Hmmm....
Well i think if the invoice of the agent mentions his booking charges n flight/rail charges separately...i.e. split up system has been followed then TDS shall be deducted on the charges of the agent u/s 194C.
Subject to monetary limit specified in d section...
Single contract - 30000
Aggregate - 75000
Correct me if m wrong.
I wud lyk to correct myself...
As i consulted one of my seniour...
NO TDS shall be deducted on booking of tickets for air or rail travel...
Railway/airlines as d case may be shall deduct TDS from the commission paid to travel agent u/s 194H...however no liab on d person who is getting d ticket booked to deduct TDS.
Recent Topic
- Input tax credit under igst under insurance compan
- ITR Form to be used
- CGAS account Holder Deceased
- ITR form suggestion
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
Related Topics
CAclubindia
