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(Querist)
10 November 2015 in our company tds or service tax is paid by our Director from his personal account and company paid that amount back to the director .is this process is correct from tax point of view.
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Trinadharao Adigarla

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Trinadharao Adigarla (Expert)
11 November 2015 that is not good Practice
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Amol S Joglekar

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Amol S Joglekar (Expert)
11 November 2015 No problem so far as tax point of view is concerned. However as rightly pointed out by Trinadharao, it NOT a good practice.
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