TDS on Reimbursement

This query is : Resolved

Rajnish Amipara (Querist)
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15 May 2008 Is the Payer is liable to deduct TDS for the payment made to Contractor which actually a reimbursement of Postal Charges for mailing of mailers incured by him on payers behalf??

Regards

Rajnish Amipara
amiparasir@gmail.com

CA. Yayati Tyagi

CA. Yayati Tyagi (Expert)
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15 May 2008 As per circular no 715 dated 1995 says: reimbursement expenses can not be deducted out of the bill amount.

so, if contractor gives consolidated bill, payer will have to deduct tax on total amt. if contractor gives seperate bill for reimbursements, i think tds will not apply.

R.V.RAO

R.V.RAO (Expert)
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16 May 2008 I AGREE WITH SRI TYAGI.
R.V.RAO

Pankaj Jhawar

Pankaj Jhawar (Expert)
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16 October 2008 Yes their should a seperate bill on reimbursement which does not have any profit element

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