TDS on out of pocket exp

This query is : Resolved

Manish (Querist)
Follow

01 April 2009 if any vendor on which we are already deducting TDS @2.266% is charging service tax on out of pocket expenses incurred by him.

shall we charge TDS on bill of out of pocket expenses of that vendor?

CA CS CIMA Prakash Somani

CA CS CIMA Prakash Somani (Expert)
Follow

01 April 2009 If out f pocket chrges is form part of service provided then you can deduct TDS

CA JAIMIN TRIVEDI

CA JAIMIN TRIVEDI (Expert)
Follow

01 April 2009 Yes, take that as an expense in same head in which you are normally accounting his regular bills.

CA Devanshi Gandhi (Ajani)

CA Devanshi Gandhi (Ajani) (Expert)
Follow

01 April 2009 yes i agree with the expert

Manish

Manish (Querist)
Follow

01 April 2009 THANKS TO ALL OF YOU

Laxmi Narayana Sahu

Laxmi Narayana Sahu (Expert)
Follow

01 April 2009 TDS is deductible if any income is paid to any person.Out of Pocket Expenses is in the nature of reimbursement 0f expenses & no income is paid .therefore TDS is not Deductible.

Laxmi Narayana Sahu

Laxmi Narayana Sahu (Expert)
Follow

01 April 2009 TDS is deductible if any income is paid to any person.Out of Pocket Expenses is in the nature of reimbursement 0f expenses & no income is paid .therefore TDS is not Deductible.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

ASIM ATREY AND ASSOCIATES

CA Garima Bhatia

SHIBSANKAR DEY

RAHUL SURANA

CA.Pinank Arvindbhai Shah

Subscribe Now

TDS on out of pocket exp

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA