https://www.taxtmi.com/circulars?id=5254 The Finance Act, 1995 broadened the scope of section 194C to cover contracts for carriage by modes other than railways. The Board clarified that payments for purchase of individual passenger tickets from airlines or travel agents are not subject to deduction under section 194C, whereas payments for chartering an aircraft for carriage of passengers or goods are taxable under that provision; the same distinction applies to other modes of transport. en-us Wed, 02 Aug 1995 00:00:00 +0530 Sat, 20 Sep 2008 18:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5254 The Finance Act, 1995 broadened the scope of section 194C to cover contracts for carriage by modes other than railways. The Board clarified that payments for purchase of individual passenger tickets from airlines or travel agents are not subject to deduction under section 194C, whereas payments for chartering an aircraft for carriage of passengers or goods are taxable under that provision; the same distinction applies to other modes of transport. Circulars Income Tax Wed, 02 Aug 1995 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5254