TDS on Re-imbursement expenses incurred abroad
This query is : Resolved
05 June 2010
Dear Sir/Madam,
We have to pay clearing & forwarding charges to non-resident abroad who have paid these charges on behalf of us in abroad.
Now the question is whether we need to deduct the tax u/s 195 while re-imbursing the same?
We have to pay clearing & forwarding charges to non-resident abroad who have paid these charges on behalf of us in abroad.
Now the question is whether we need to deduct the tax u/s 195 while re-imbursing the same?
ankit gangwani
(Expert)
08 June 2010
Hi,
In my view no tax will be deductible as the reimbursements which the NR is receiving is not an income chargeable to tax in India. Same view has been taken in the cases of Van Oord ACZ and Prasad Productions.
Best Regards
Ankit Gangwani
In my view no tax will be deductible as the reimbursements which the NR is receiving is not an income chargeable to tax in India. Same view has been taken in the cases of Van Oord ACZ and Prasad Productions.
Best Regards
Ankit Gangwani
08 June 2010
Thanks very much.
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
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Reward for festival
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Rectification under processing even after 6 months cpc portal
- Appointment of Auditor By Form ADT-1
- Rent agreement of House of deceased person
- Import of Capital Machine
- TDS Return Statement Status
- Closer of business and itc of capital goods
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
