Deduction of tds for clearing & forwarding agent

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GUDLA SAI PRASAD (Querist)
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06 June 2013 Bill containing both freight charges & clearing agent Amount.Then how to deduct tds for this invoice amount.

Ganeshbabu K

Ganeshbabu K (Expert)
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06 June 2013 tds is caluculated on full amount if seperate invoice is not provided by clearing agent,

CBDT Circular No.715, dated 8.8.1995 it was clearly given that if re-imbursement of expences are also included in gross amount of bill tds to be deducted where as if seperate bill raised for re-imbursement of expences tds not applicable

Please refer below

https://www.lawyersclubindia.com/experts/Tds-on-reimbursement-of-charges-392646.asp#.UbBx6UAwd15

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