Tds aplicability
This query is : Resolved
28 March 2014
IS TDS APPLICABLE ON REIMBURSEMENT OF EXP. (ADVERTISEMENT)BY THE CO. TO ITS DISTRIBUTERS. WHO MADE THE EXPS. ON BEHALF OF THE CO.
28 March 2014
No TDS is not applicable on Reimbursement. The Co is doing advertisement by itself, then no need to deduct TDS
28 March 2014
on reimbursement there is no tds applicable.........
28 March 2014
but i found a case in the co. in which they have make a tds deduction on that
can u give me a case or notification reference in this regards
can u give me a case or notification reference in this regards
28 March 2014
If the payment is made to outsiders then TDS will b applicable. U r advertising ur own co, or product then how can u deduct TDS on ur income?
28 March 2014
thay pay to a distributor that has a individual identity in eye of income tax dept.
28 March 2014
Look if the payment is made to a Party & there is a contract between u & the party & the contract amount exceeds the limit u/s 194C then TDS will b applicable. But if it is reimbursement then no TDS will b deducted.
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