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
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
- Sales of goods of amount Rs97 lakhs to a party
- GST rate and HSN code for sale of racing horses
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
