TDS Not deductible on Passenger Service Fees Collected by Airlines

ACIT Vs Spice Jet Ltd. (ITAT Delhi) TDS NOT TO BE DEDUCTED ON CHARGES OF TICKETS BOOKED THROUGH CREDIT / DEBIT CARDS FACTS – Assessee is engaged in business of civil aviation. AO held assessee to be in default for non-deduction of TDS in respect of following – 1. Passenger Service Fee (PSF) collected from embarking passenger and handed over to various airports; and 2. Amounts retained by banks for rendering credit card processing services from the payments received by such banks from the passengers for booking tickets to fly in the aircrafts operated by the assessee. HELD – ...