https://www.taxtmi.com/circulars?id=7887 Section 194H requires deduction of tax at source on commission or brokerage, encompassing commissions and supplementary commissions received by travel agents from airlines; the taxable amount includes the difference between the airfare fixed by airlines and the price at which agents sell tickets. Failure to deduct TDS on such commissions incurs statutory consequences for default, including mandatory interest for non-deduction or delayed deduction. en-us Tue, 22 Dec 2009 00:00:00 +0530 Tue, 29 Dec 2009 16:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7887 Section 194H requires deduction of tax at source on commission or brokerage, encompassing commissions and supplementary commissions received by travel agents from airlines; the taxable amount includes the difference between the airfare fixed by airlines and the price at which agents sell tickets. Failure to deduct TDS on such commissions incurs statutory consequences for default, including mandatory interest for non-deduction or delayed deduction. Circulars Income Tax Tue, 22 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7887