disallowance
This query is : Resolved
17 September 2010
dear sir ,
XYZ company paid clearing & forwarding charges & freight Charges to ABC company above limit for TDS deduction But it doest not deducted TDS on that because the amount paid to ABC includes reimbursement of expenses incurred by ABC whether the company is correct in non deduction of TDS. IF not disallowance is caused on that or not
XYZ company paid clearing & forwarding charges & freight Charges to ABC company above limit for TDS deduction But it doest not deducted TDS on that because the amount paid to ABC includes reimbursement of expenses incurred by ABC whether the company is correct in non deduction of TDS. IF not disallowance is caused on that or not
17 September 2010
See.. TDS should not be deducted on reimbursement of expenses & bills for such reimbursements must be separate.
But, if the other charges are above the threshold limit then TDS should have been deducted otherwise the it will be disallowed.
But, if the other charges are above the threshold limit then TDS should have been deducted otherwise the it will be disallowed.
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