Exemption from TDS on commission payments to IATA and approved travel and cargo agents, subject to PAN and reporting requirements. Exemption from withholding tax on commission or brokerage payments is granted to airline companies paying the International Air Transport Association and approved air travel and air cargo agents, subject to conditions: recipients must furnish their Permanent Account Number to the paying airline, and the airline must submit within two months of the financial year end a list to the Commissioner of Income tax containing names, addresses and amounts of commission or brokerage in respect of cases where tax was not deducted at source.