Tds on c&f invoice???
This query is : Resolved
04 February 2012
For Eg: INVOICE FROM C & F—
Reimbursement 1
Reimbursement 2
Reimbursement 3
Total(1-3)***
+ Fees of C&F***
(15% on Total)
= Bill Amt.****
Question is,
Whether we should deduct TDS on Fees only or on Whole Bill Amt.
Thanks & Regards
Reimbursement 1
Reimbursement 2
Reimbursement 3
Total(1-3)***
+ Fees of C&F***
(15% on Total)
= Bill Amt.****
Question is,
Whether we should deduct TDS on Fees only or on Whole Bill Amt.
Thanks & Regards
Pankaj K Gupta
(Expert)
05 February 2012
My Dear,
TDS is deductible on Fees portion only , for reimbursements, you should have original supporting vrs / receipts with you.
Trust this suffices.
Rgds, Pankaj
TDS is deductible on Fees portion only , for reimbursements, you should have original supporting vrs / receipts with you.
Trust this suffices.
Rgds, Pankaj
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GSTR9 Annual Return
- Employee secondment
- Ito add credit side of bank
- Capital Gains Tax on Inherited Mutual Fund
- GST ITC as per notification 12/2023- central tax
- Rent agreement of House of deceased person
- Form 144 TDS Return Validation error
- IMS (import of goods) ITC related
- Gift to nri relatives resides in usa
- Capital gain on commercial property and investment in residential property
- Import of Capital Machine
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
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
