194c
This query is : Resolved
12 June 2015
Plz help,
our Custom clearnace agent is reimbursing freight charges from us, so i want to know whether TDS u/s 194C is deductible or it is a type of Brokerage contract u/s 194H?
our Custom clearnace agent is reimbursing freight charges from us, so i want to know whether TDS u/s 194C is deductible or it is a type of Brokerage contract u/s 194H?
12 June 2015
If the Agent is giving different bill for reimbursement of expense along with proofs of bills then you can exempt the TDS. But the fee for clearance bill is consolidated with reimbursement then you need to deduct TDS on whole amount
12 June 2015
our agent is giving us Bilty as a proof and reimbursing the same, Now on freight charges, should we deduct TDS u/s 194C or not?
12 June 2015
you need to deduct TDS on freight charges, subject to however other conditions of 194C
12 June 2015
if agent provides the reimbursement & clearing bill separately then reimbursement bill will be exempt and detect the TDS on clearing bills u/s 194C. and if he charge the both (reimbursement & Clearing charges) in same bill then deduct the TDS on whole bill amount u/s 194C.
Regards,
Shubham
Regards,
Shubham
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