Tds on package service/bundle service

bhargavjenne (student) (24 Points)

03 January 2019  

Hi ,

Bhargav here from Travel and event management Industry.

I will give an example. Please suggest what can be Done?

 

I(XYZ Pvt Ltd) have purchased cricket match tickets which includes hotel accommodation and food. It's a package purchase. Assume I have purchased package tickets from Paytm. We(XYZ Pvt Ltd) are just purchasing tickets and selling to ABC Pvt Ltd at some markup. Am I supposed to deduct TDS on the same while paying to Paytm? If yes under which section and at what rate? If no please explain to me how?