On behalf of Client (Principal), C&F Agent pays Custodial/handling charges to Airport authority of India. Agent Produces receipt, claims reimbursement from client (Principal) through Debit Note.
Principal Claims Expenses. For Agent payment is reimbursed by Client. Who is responsible for deduction & payment of TDS ? Principal or C&F Agent ?
Kindly give advice, I am very grateful to you.
Thanks & Regards,
Valerian D'Souza
Account Manager of a Pvt. Ltd. Company
If the bill is in the name of the principal(as he is claiming the expense it offcourse should be in his name) then principal should be deducting the TDS if a liability arises
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