TDS on C/f
This query is : Resolved
01 July 2009
If C/f agent provides 2 bills , one for the services provided and the other for reimbrursible charges , then is TDS deductible on both amounts ? If yes kindly let me know the rate .
01 July 2009
If he gives you the bills for the reimbursement of expenses then you should not deduct the tds on such amount & balance is tax deductible.
01 July 2009
Yes.
Tax is to be deducted on both the bills since tax is deducted on :Any Sum Paid" @ 2%.
Tax is to be deducted on both the bills since tax is deducted on :Any Sum Paid" @ 2%.
01 July 2009
Yes, Nitin is right.
The language used is "Clearing & forwardig agents works as independent contractors. ANY PAYMENT made to them would be liable for deduction of Tax".
The language used is "Clearing & forwardig agents works as independent contractors. ANY PAYMENT made to them would be liable for deduction of Tax".
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- FORM 26A APPLICABILITY
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- Regarding TDS Applicability For Director Remuneration
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
