Tds deduction
This query is : Resolved
Nirpendra Singh
(Querist)
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 ?
CA Navin Jain
(Expert)
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.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Taxation of crypto futures in India Fy 2026- 2027
- Transfer of Physical Stock Between Two Proprietorship Concerns
- MSME disclosure and disallowance
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- EPF ECR NEW RULES Sep 17th 2026
- Accounting treatment of AMC alongwith the purchase of Laptop
- 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
- Goods sold but invoice not issued
- 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
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
