tds on air travel tickets bookin
PONNADA B K RAVIKUMAR
we are entered an agreement for booking of airtravel tickets , in that they have mentioned a service charge of Rs.100 per ticket and service tax, whether we have to deduct tds or not,
TDS on service charges for travel agent bookings questioned; whether the service tax component is also subject to deduction. Whether TDS must be deducted on amounts paid to a travel agent for air ticket booking: the agent charges a per ticket service charge plus a separately stated service tax on the fare, and the taxpayer asks whether TDS applies to the service charge and to the service tax; the forum exchange only seeks and provides clarification of parties and payment components without reaching a determination. (AI Summary)
TaxTMI
TaxTMI