In case a company organizes trip to its employees through Travel Agency and records it as an expense in its books, whether the company is required to deduct TDS on the same? If so, Why??
Vignesh Prabhu (Student) (7 Points)
07 February 2019In case a company organizes trip to its employees through Travel Agency and records it as an expense in its books, whether the company is required to deduct TDS on the same? If so, Why??
Muhammed
(Chartered Accountant)
(251 Points)
Replied 07 February 2019
As the same seems to be a nature of service contract incurred for the benefit of employees, this will hit section 194C and TDS Has to be deducted @ 1 or 2 %
Giridhar S Karandikar
(Team Lead)
(7543 Points)
Replied 07 February 2019
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