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Reimbursement of exp incurred for travelling

Accounting Entries 592 views 4 replies

     Hie all,

             I Have a bill of DATTA ENTERPRISES. they provide vehicle's on reimbursement basis.

           the follwing bill they raised agst the company

 

           Toll charges :- 56787

           food exp.     :- 30000

            other exp.:-    2129

           repaire and maintainance :- 44795

            Rent      :- 5000

  TOTAL :- 138711 /-

 

      Mine question is shud I DEDUCT TDS FOR THIS BILL ??? 

 REPLY

   
 

 

Replies (4)

Kindly provide the meaning of reimbuirsement basis ...do u mean on rental basis?

YES .. THOSE ALL EXP. TRANSORTER ALREADY PAID...NW HE WANT BACK HIS ALL EXP...shud i deduct tds ???

TDS IS NEVER DEDUCUTED IF ANY AMOUNT IS REIMBURSED TO ANY1 AS ITS JUST REPAID TO SOMEONE WHO PAID ON UR BEHALF.yes

...Many thnks tushar....


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