Dear sir/Friends
I wan t to know that there is any tds applicability on payment of commission on online booking of hotel rooms, tranport etc.in india to foriegn travel agent directly in foiegn currency.
The travel agent has no pe in india.
CA AMIT GOSWAMI (IN PRACTICE PROPRIETOR) (131 Points)
02 January 2012Dear sir/Friends
I wan t to know that there is any tds applicability on payment of commission on online booking of hotel rooms, tranport etc.in india to foriegn travel agent directly in foiegn currency.
The travel agent has no pe in india.
CA Anoop Tiwari
(Practicing Chartered Accountant)
(135 Points)
Replied 02 January 2012
Yes U/s. 195 The rate of Tax 30% for Ind. Payee and 40% for Domestic Co.(Payee)
karan jit singh
(Consultant)
(1299 Points)
Replied 02 January 2012
yes,it is taxable whether it is resident or non resident.
Chiradeep.R.H
(Chirahi & Associates - Consultants)
(240 Points)
Replied 18 December 2013
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)