Deduction of tax u/s 195
This query is : Resolved
25 May 2012
Is reimbursement of expenses incurred by a person resident outside India on behalf of a resident company is liable to tax deduction of u/s 195?
25 May 2012
TDS is not required to be deducted on reimbursement of expenses.
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CA CS Amit S. Kedia
(Expert)
25 May 2012
Yes, TDS is required to be made on payment made outside india u/s 195 on all payments chargeable to income tax in india.
Reimbursement is also income chargeable to income tax.
Reimbursement is also income chargeable to income tax.
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CA CS Amit S. Kedia
(Expert)
25 May 2012
Exception is only for payment made to resident and not for non resident.
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