TDS on Reimbursement for purchase on behalf of company
This query is : Resolved
19 October 2023
Hi Sir,
I purchased some assets and other items from an E-commerce operator on behalf of my company. Due to some fund release issue, I paid out of my pocket to purchase these items. Now Company is going to pay the amount to me as reimbursement .Whether the company requires to deduct TDS on this ?
I purchased some assets and other items from an E-commerce operator on behalf of my company. Due to some fund release issue, I paid out of my pocket to purchase these items. Now Company is going to pay the amount to me as reimbursement .Whether the company requires to deduct TDS on this ?
19 October 2023
TDS not applicable on such reimbursement.
You are not earning any income from such reimbursement.
You are not earning any income from such reimbursement.
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
- House Property Reporting in ITR
- Refund Annexure-B
- TDS Claim year
- Liable to deduct tds and 44ADA
- Refund of 20%pre-deposit paid for stay application
- Rent lease agreement
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- TDS Challan Code
- SGST balance is there in credit ledger how to adjust for cgst
- Internship/Academic shown in Salary Pay Slip of a Doctor
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
