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witholding tax u/s 195

This query is : Resolved 

04 March 2008 if a travel agent makes payment in USD for group reservation for space camp held by NASA is he suppose to deduct tax on the money paid towards education fees for his client

04 March 2008 Yes. Section 195 does not provide for any exemption. If nil rate to be deducted it is for the payer/payee to make applcation under section 195 to the assessing officer concerned.

04 March 2008 sir can you please tell me at what rate and under which section the travel agent should deduct the witholding tax as the payment is for purely educational fees purpose.and section 195 clearly says any other sum chargeable under this act


04 March 2008 RATE @ 10%.
UNDER SECTION 195.
ANY OTHER SUM CHARGEABLE TO TAX(OTHER THAN SALARIES AND DIVIDENDS REFFERED TO U/S115-O).



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