TDS On Reimbursement

This query is : Resolved

mint (Querist)
Follow

30 May 2008 IF any person going to abroad for client site project the amount which we pay to him as Food and daily allowance is Taxable however the all expenditure which we incurred on him is charge to the client.

Reg
Mint

CA. Yayati Tyagi

CA. Yayati Tyagi (Expert)
Follow

30 May 2008 i think it is simply taxable as salary. there is no exemption for this. but let us see other opinions.

CA Anil Jain

CA Anil Jain (Expert)
Follow

31 May 2008 Yes It is part of salary as perquisite or allowance according to the nature.
Further as u said it is charged to client, cost of employee is always charged to the party as whatever the name called, including the bill or bill of higher amount of service provided.

there is no question of reimbursement as it is part of salary, needs to be deductible TDS.
If i m wrong Plz reply.

Regds/-
Anil Jain

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

HITESH NIRANJAN SAHU

REGIWISE CONSULTANTS PVT LTD

R M Shekhaliya

CA Aakarsh Jain

SUMAN SAHA

Subscribe Now

TDS On Reimbursement

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