One Proprietor issued the Travelling Reimbursement to one pvt ltd company value of Rs.40,000/- every month for visit to Pvt Ltd Customers for marketing purposes, he is just market a Pvt Ltd Company products by visiting to various customers, in this case 194 R is applicable to Proprietor, company has to deduct the TDS to him @ 10%, pls clarify.
07 July 2022
Yes, 194R is not applicable here because he is issuing the travel reimbursement bill. He is not getting any additional incentive out of that.
CAclubindia
