04 March 2009
limited company making payment to Air booking agent is more than 50000 p.a and invoice of Agent is inclusive of Fare charges and his remuneration. whether to deduct tds on total bill amount or for his remuneration and give refernce of any case law if any
04 March 2009
Dear Jagdish, As per the clarification by CBDT on tax under this Section: Payment made by passengers to travel agent / airline for purchase of ticket is not liable to TDS. However tax shall be applicable when a plane or a bus or any other mode of transport is chartered by company.
CAclubindia
