TDS to be deducted
This query is : Resolved
Tejashwini
(Querist)
17 December 2008
Dear Members,
Payment made to TNT India Pvt Ltd Rs. 84592/- . The Bill shows the following details i.e. Rs.83092/- towards duty amount and bal towards handling charges.
whether TDS should be deducted on the above amount of Rs.83092/-
Thanks in advance
Tejashwini
Payment made to TNT India Pvt Ltd Rs. 84592/- . The Bill shows the following details i.e. Rs.83092/- towards duty amount and bal towards handling charges.
whether TDS should be deducted on the above amount of Rs.83092/-
Thanks in advance
Tejashwini
17 December 2008
tds is not to be deducted on 83092 as this is reimburement of exp.
Ravikumar.G
(Expert)
17 December 2008
Circular no 715/8.8.95
Tax should be deducted on the gross amount of the bill including claim of reimbursement of actual expenses.
Tax should be deducted on the gross amount of the bill including claim of reimbursement of actual expenses.
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