TMI BlogTDS relating to Tour Operating ServicesX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, Presently i am handling a client who is into tour operating business. I have some query relating to TDS applicability. Can you please advise. Scenario 1: ABC Pvt Ltd is engaged in providing Tour Operating Services located in India Mr D customer of ABC Pvt Ltd approaches for a package tour to Italy. Tour Package includes Flight, Cruise, Hotel, Visa etc. ABC Pvt Ltd app ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... roaches below vendors for: EFG Pvt Ltd is providing Air Ticket Booking Services located in India (Pays them 70k for ticket + 5k for handling charges) LMN Pvt Ltd is providing Visa Services located in India (pays them 30k for visa + 5k for handling charges) XYZ is a destination tour management company located in Italy and has no Indian PAN, Cruise Booking Hotel booking is done by XYZ (pa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ys them 60k through forex) Should i make payment u/s 195 for XYZ Whether TDS is applicable on the above transaction? If yes for which value TDS need to be deducted and under which section TDS need to deducted? Scenario 2: ABC Pvt Ltd is engaged in providing Tour Operating Services located in India Mr D customer of ABC Pvt Ltd approaches for a package tour to Italy. Tour Pac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... kage includes Flight, Cruise, Hotel, Visa etc. ABC Pvt Ltd approaches below vendors for: EFG Pvt Ltd is providing Air Ticket Booking Services located in India (pays them 70k for ticket + 5k for handling charges) LMN Pvt Ltd is providing Visa Services located in India (pays them 30k for visa + 5k for handling charges) PQR Pvt Ltd is providing Cruise Booking Service located in India (pay ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s them 30k for cruise bookings) who is acting as a booking agent only STU Pvt Ltd is providing Hotel Booking Service located in India (pays them 30k for cruise bookings) who is acting as a booking agent only Whether TDS is applicable on the above transaction? If yes for which value TDS need to be deducted and under which section TDS need to deducted? Thanking you, - TDS relating to To ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ur Operating Services - Query Started By: - gururaj Bhat Dated:- 5-11-2019 Income Tax - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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