Reimbursement expenses
This query is : Resolved
Goutam Basak
(Querist)
04 August 2014
Sir,
I have one legal invoice raised by lawyer on which professional fees of Rs.35000.00 & reimbursement expenses of Rs.5000.00 is shown, Both the amount shown in single bill but seperately, On which amount TDS will be deducted
Thanks & regards
I have one legal invoice raised by lawyer on which professional fees of Rs.35000.00 & reimbursement expenses of Rs.5000.00 is shown, Both the amount shown in single bill but seperately, On which amount TDS will be deducted
Thanks & regards
04 August 2014
then only on professional fees u need to deduct tds and not on reimbursement.
Nikhil Kaushik
(Expert)
05 August 2014
please note that if the reimbursement are part of the bill in which professional fees is also being charged, then TDS shall be applicable on whole of the amount.
only where a separate invoice is raised only to provide for reimbursements, TDS wont be applicable. please refer https://sktyagidt.com/upload/article/66.pdf
only where a separate invoice is raised only to provide for reimbursements, TDS wont be applicable. please refer https://sktyagidt.com/upload/article/66.pdf
Goutam Basak
(Querist)
05 August 2014
Thanks For Suggestion
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
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Reward for festival
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- RCM and same line
- TDS Return Statement Status
- 18% Rent a cab
- ARCA LOGIN
- Closer of business and itc of capital goods
- Rectification under processing even after 6 months cpc portal
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
