Urgent
This query is : Resolved
MINAKSHI GARG
(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.
Trinadharao Adigarla
(Expert)
11 November 2015
that is not good Practice
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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