Hi members....
Guide me in following situation...
We are agency principal with a company based in Mumbai.
All our expenses are reimbursable on actual.
And we allowed to charge Fixed agency fee for every month.
We raising tax invoice with GST @ 18% for agency fee.And separate debit note for reimbursement of
actual expenses with clear statement of bills.
Our client wrongly deducted TDS @ 2% on our expenses bills during the period sept 18 to nov 18.
and after we pointed out , they stopped the TDS in expenses bills.
while filing ITR of FY.2018-19, we declared only our agency fee
But our 26AS is not matching because of wrong deduction of TDS on expenses reimbursement.
what we suppose to do when this discrepancies is pointed out by department.
CAclubindia
