Notification: S.O.175(E)
Section(s) Referred: 194H ,194H(2) ,194H(2)(a)
Statute: INCOME TAX
Date of Issue: 3/3/1992
The Central Government, having regard to the extent of inconvenience likely to be caused to the International Air Transport Association approved air travel agents and air cargo agents, being residents, and being satisfied that it will not be prejudicial to the interests of the revenue, in exercise of the powers conferred by clause (a) of sub-section (2) of section 194H of the Income-tax Act, 1961 (43 of 1961), hereby exempts the airlines companies responsible for paying any income by way of commission or brokerage to the International Air Transport Association, approved air travel agents and air cargo agents, subject to the following conditions, namely :–
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(1) the International Air Transport Association, approved air travel agents and air cargo agents furnish their permanent account number to the said airlines companies ;
(2) the said airlines companies furnish a list of the International Air Transport Association, approved air travel agents and air cargo agents, in whose cases tax has not been deducted at source along with their addresses and the amount of commission or brokerage paid in each case during the financial year to the Commissioner of Income-tax concerned within two months of the end of that financial year.
2. This notification will remain in force up to the 30th day of September, 1992.
[Notification No. 9006/F. No. 275/1/92-IT(B)

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