Tax Consultant
1559 Points
Joined June 2009
Mr.Yatiraj J
In the explanation to section 194C work has been denifined
(iv) "work" shall include
(c) carriage of goods or passengers by any mode of transport other than railways;
Hence the provisions of section 194C will apply for tour operators.
If the tour operator is an Individual or Hindu Undivided Family the rate of tax is 1% (One Percent)
If the tour operator is other than an Individual or Hindu Undivided Family the rate of tax is 2% (Two Percent)
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Sathikonda