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TDS on Bonus Reimbursement

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(Querist)
24 November 2008 Our company contracted with some Contractors for providing labour.Company agreed to reimburse the P.F.& bonus to contractor as per law.Now Contractor seperatly raised the bill of Bonus & ask us to reimburse as per contract.Now I want to know whether TDS ia applicable on such reimbursement?
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Ajith Kumar

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Ajith Kumar (Expert)
24 November 2008 Yes, any payment made to the contractor attracts TDS
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Ravikumar.G

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Ravikumar.G (Expert)
24 November 2008 Any monetary payments to contractors will attract TDS.




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