TDS On Reimbursement
This query is : Resolved
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
Reg
Mint
30 May 2008
i think it is simply taxable as salary. there is no exemption for this. but let us see other opinions.
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
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
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