Question ID :
40414
Tour Operator
A Tour Operator in India books for foreign tour package in India. he takes amount by cheque from client & deposit in his current account. In foreign he withdraws amount from ATM by his international ATM & incurred all expenses by cash in foreign currency. whether all this expenditure is allowable as per income tax act. TDS will be applicable or not.
Please guide me for Income Tax compliance of outbound tour operator.
Also please guide me what other compliance is to be done for outbound tour operator
posted by
NADIR D SHAIKH
on
Sep 30 2019 12:00AM