Tds on reimbursement of expense
This query is : Resolved
Anurag Maheshwari
(Querist)
25 April 2012
I had paid Rs. 47000 as courier charges to vendor for distribution of certain documents among members of my club. I paid the same amount to vendor and bokked as an expense with referance of "Reimbursment of expense". Should i am liable to deduct Tax on this payment???
Please send your answers on my email address too - anurag_2191@yahoo.com
Please send your answers on my email address too - anurag_2191@yahoo.com
27 April 2012
Payments made for courier charges are covered by sec 194C and hence subject to TDS deduction.
If you class them as "Reimbursement of an expense" it doesn't mean you can over ride the law.
Should you need the TDS rates, pls let me know.
If you class them as "Reimbursement of an expense" it doesn't mean you can over ride the law.
Should you need the TDS rates, pls let me know.
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