Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 May 2015 our consultancy book air ticket from travel agent. which is our creditor
for ex 11/4/15 Value 12000
12/4/15 Value 10000
And tha last total amt is 85000

Is it tds deductable or not?
please suggest

thanks

Sandeep Dharar

Sandeep Dharar (Expert)
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07 May 2015 Yup, TDS must b deducted since the limit exceeds as mentioned in the section.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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08 May 2015 No TDS should be deducted u/s 194C on payment made to travel agent/airline for booking of tickets.This rule is also applicable on other transport medium like rail booking also.

Ref: Circular No. 715, dated 8-8-1995 (Answer to Question No 6)

Link: http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=Mzg4

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