Query on tds
This query is : Resolved
11 February 2013
Hello Everyone..
Can someone please Clarify whether TDS is required to be Deducted on
1. Tralvelling Expenses
&
2. Transportation Expenses.
as there are different views regarding the same some say No need to deduct & some say that we can deduct only if its an unofficial Expense ..
Please can some clarify the same it would be really great..
thansk alot in advance..!
Can someone please Clarify whether TDS is required to be Deducted on
1. Tralvelling Expenses
&
2. Transportation Expenses.
as there are different views regarding the same some say No need to deduct & some say that we can deduct only if its an unofficial Expense ..
Please can some clarify the same it would be really great..
thansk alot in advance..!
11 February 2013
Dear Krina,
I suppose you are talking about payment being made to an employee..
here, if the expense incurred by the employee is for official purposes then, the payment made to him would be reimbursement of expense and as such, would not be liable to TDS.
however, if the same is not for official purpose, then the payment would be termed as perquisite and as such liable to perquisite tax and therefore liable for TDS.
- Ankit
I suppose you are talking about payment being made to an employee..
here, if the expense incurred by the employee is for official purposes then, the payment made to him would be reimbursement of expense and as such, would not be liable to TDS.
however, if the same is not for official purpose, then the payment would be termed as perquisite and as such liable to perquisite tax and therefore liable for TDS.
- Ankit
Message likes :
1 times
11 February 2013
if these are covered in the ambit of work which defined in sec 194 c, then tds to deducted ...generally on travelling exp. not attracted
Message likes :
1 times
11 February 2013
If PAN no. obtained then no need to deduct tds on transportation..
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- ADVANCE PAYMENT OF ADVOCATE
- TDS Return Q1 FY 2026-27
- Eway bill generation from place other than registeted
- CREDIT NOTES WITHOUT GST
- DIN reactivation
- REGARDING ANNUAL RETURNS FILLINGS OF A COMPANY INCORPORATED ON 28.03.2025
- Condonation . E-Verification of last year return .
- UNWANTED CREDIT BALANCE OF GST AS PER BOOKS
- GST rate and HSN code for sale of racing horses
- Depreciation of fixed assets- coop housing society in mumbai
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
