Monday, March 4, 2019

Spice Jet not liable to deduct TDS on Tickets Booked through Debit/ Credit Cards: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the Airlines Company, Spice Jet is not liable to deduct TDS on the sale consideration of tickets booked through debit/ credit cards. The Assessing Officer noticed that the assessee has not deducted TDS on the amounts retained by banks for rendering credit card processing […]

The post Spice Jet not liable to deduct TDS on Tickets Booked through Debit/ Credit Cards: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



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