TDS
This query is : Resolved
Yajuvendra Rawat
(Querist)
06 January 2010
Dear Friends,
TDS should not be deducted on reimbursement expenses, is this applicable only when the party provides seperate bill or debit note for the same. If it is included in the bill, will the whole bill be considered for TDS deduction. Suppose bill no. xyz includes labour charges + reimbursement of exps (40,000/- + 20,000/- respectively) then the whole bill amount will be considered for TDS? i.e. Rs. 60,000/-. Pls help.
TDS should not be deducted on reimbursement expenses, is this applicable only when the party provides seperate bill or debit note for the same. If it is included in the bill, will the whole bill be considered for TDS deduction. Suppose bill no. xyz includes labour charges + reimbursement of exps (40,000/- + 20,000/- respectively) then the whole bill amount will be considered for TDS? i.e. Rs. 60,000/-. Pls help.
S.Siju Gemin
(Expert)
06 January 2010
TDS Should be deducted only on Labour charges.
S.Siju Gemin
(Expert)
06 January 2010
TDS Should be deducted only on Labour charges.
07 January 2010
TDS should be deducted on the labour charges Rs.40000/- and not on the whole bill. Reimbursement of expenses will not be included while calculating TDS
Yajuvendra Rawat
(Querist)
07 January 2010
Hello Friends, i recently read the masters guide to income tax act in which it states that 194C & 194J are for the sum paid, if the bill includes reimbursement expenses then it will become taxable alongwith the other components for the bill for 194C & 194J, but if a seperate bill or credit note is provided then there will be no question of deducting TDS on it
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- 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
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
