Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

09 February 2015 Hi Guys

Kindly clearly me the following situation

Vendor charged conveyance reimbursement on the same bill under which he charged services but he shows both separately in the same invoice.

So kindly clarify me whether the amount of TDS should be deducted on gross amount or excluding the amount of service tax.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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09 February 2015 no tds deductible on service tax amount charged in it as per circular no 1/2014

Querist : Anonymous

Querist : Anonymous (Querist)

09 February 2015 ok it is right. Actually my question was something different. Since all know that reimbursement of exp is not liable to deduct TDS but if Same is charged in Single invoice but that is shown differently. i mean to so bifurcation is available on the invoice then what will be the situation of TDS.

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CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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09 February 2015 https://www.caclubindia.com/experts/tds-1348574.asp#.VNiCYOaUdic

https://www.caclubindia.com/experts/tds-on-reimbursement-of-expenses-to-cfa-1663309.asp#.VNiCkuaUdic

http://www.lawyersclubindia.com/experts/Tds-on-reimbursement-of-charges-392646.asp#.VNiCnuaUdie

CA. Anoop Bhatia

CA. Anoop Bhatia (Expert)
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09 February 2015 In case separate bills were raised the matter was simple but in case of consolidated/combined bill its advisable to charge TDS on full bill value.

Querist : Anonymous

Querist : Anonymous (Querist)

09 February 2015 Kindly clarify that

Vendor is mentioning the bifurcation of Conveyance.