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Tds on payment to travel agents

Remya.G (Accounts Executive) (34 Points)

01 November 2012  

Hi ,

We are a software company. We used to book flight tickets through travel agents with whom we have agreement. We are making payments to them on credit basis. Are we liable to deduct TDS on the same and at what rate? Please help.


 1 Replies

@VaibhavJ (Believe!! Live your dreams!)   (33496 Points)
Replied 02 November 2012

Hi

No TDS to be made, refer lik for clarity :

https://www.simpletaxindia.net/2008/09/tds-on-payment-to-travel-agent-for-air.html

 

Rgds//Vaibhav
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