TDS ON TRAVELLING EXP.
This query is : Resolved
05 December 2008
SIR
PLZ SOLVE MY PROBLE
IF A (COMPANY OR FIRM)ARE PAYING AMOUNT FOR TICKET TO A TRAVEL AGENT.IS THIS AMOUNT LAIBLE TO TDS OR NOT.
PLZ GIVE ME SEC.REFERENCE
THANKS
PLZ SOLVE MY PROBLE
IF A (COMPANY OR FIRM)ARE PAYING AMOUNT FOR TICKET TO A TRAVEL AGENT.IS THIS AMOUNT LAIBLE TO TDS OR NOT.
PLZ GIVE ME SEC.REFERENCE
THANKS
05 December 2008
TDS liability do not attract in this situation -
As there is transaction of reimbursement of expenses from Company or Firm to Travel Agent.
If Company/Firm makes payment to Travel Agent as service charges for booking of Travel Ticket the TDS (94C)liability attract on the amount service charges (Rs. 20000/- at once or above Rs.50000/- during the year)
As there is transaction of reimbursement of expenses from Company or Firm to Travel Agent.
If Company/Firm makes payment to Travel Agent as service charges for booking of Travel Ticket the TDS (94C)liability attract on the amount service charges (Rs. 20000/- at once or above Rs.50000/- during the year)
05 December 2008
The provisions of section 194C do nor apply to the payments made to the airlines/any other mode of transport or the travel agents for purchase of tickets for travel by air or by any other mode of transport of individuals. The provisions,shall , however,apply when payments are made for chartering any aircraft/any other mode of transport for carriage of passengers or goods. Pl refer circular no 713 reported in 215 ITR (St) 4. In view of this tax need not be deducted in the cited issue.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Tds on building rent monthly
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- RCM INVOICING FROM NOV-2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
Trending Online Classes
CAclubindia
