tds

This query is : Resolved

himanshu vyas (Querist)
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27 August 2010 I RECEIVED A BILL FOR PROFESSIONAL CHARGES AS FOLLOWS:

PROFESSIONAL FEE RS 100
TRAVELING EXP RS 50
SERVICE TAX RS 15.45

TOTAL RS 165.45

SHOULD I DEDUCT TDS ON THE AMOUNT OF TRAVELING EXP ALSO.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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27 August 2010 If the bill provided separetly you need to deduct only professional charges if bill provide combined then you deduct total including travel expenses

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Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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27 August 2010 Circular No. 715 (question No.7) dated 08/08/1995 says as follows :-
Section 194J refer to any sum paid. Obviously, reimbursements cannot be deducted out of the bill amount for the purpose of TDS.
Therefore, income tax is to be deducted on Rs.165.45

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