Tds deduction
This query is : Resolved
08 December 2011
Whether TDS should be deducted on the sum including out of pocket exp shown separately (charged) with audit fees bill ?
e.g
audit fees 1,00,000
out of pocket exp 20,000
so now TDS should be deducted on 1,20,000 or on 1,00,000 ?
e.g
audit fees 1,00,000
out of pocket exp 20,000
so now TDS should be deducted on 1,20,000 or on 1,00,000 ?
08 December 2011
if single bill has been made then tds would be deducted on Rs. 120000
08 December 2011
On Total Bill amount inclusive of Service Tax. If separate bill is submitted for reimbursement of Out-of-pocket expenses then TDS will not be deducted on the same.
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