We have personnel traveling from our Group Companies to India for helping us on certain issues and so also we have our staff traveling to attend meetings, training to our Group offices.
Our Group Companies' raise invoice on us for the expenses incurred on our behalf (reimbursement) and we settle the same.
Off late, our bankers ICICI insist on a CA certificate for all remittances even when the invoices are supported by third party invoices for hotel stay, travel etc.
My CA insists that TDS will be applicable even for such reimbursement of expenses, which I disagree.
I would appreciate if somebody can throw light on this and let me know the provisio under which this is taxable or not taxable
CAclubindia
