Valerian Dsouza (Manager Audit & Taxation) 17 July 2013
We are a Company purchaseing Air ticket from an Air line Agent, which is Proprietory concern.
Are we suppose to deduct TDS ?
If yes under which section and at what rate?
If not, reasons for non deductions!
Thank you for your kind support!
CA and CMA Ravinder Singh (CA and CMA) 17 July 2013
no tds in not required to be deducted
refer to CIRCULAR NO. 715 DATED 3-8-1995......