Menu
income tax
Whethere remittance received (reimbursement of expenses)from NRI in the hands of indian resident, require TDS to be dedcuted..Kidnly support the same with case judegment.
Replies (8)
Dear Payal,
Please give more facts since as such a Non Resideny is not require to deduct TDS on payments to resident....
TDS is definately there in other way round..i:e when Resident makes payment to Non Resident..
for non resident, we have incurred expenses in India & now NRI is paying back to us..so whether we need to deduct TDS on receipt of reimbursement?
Dear Payal,
fIRSTLY, TDS is to be deducted on PAYMENTS & NOT ON RECEIPTS...
Secondly, ur Liability to Deduct TDS is AT THE TIME OF INCURRING EXPENSES ON BEHALF OF NON RESIDENTS...
Amir is right
Amir is bang on correct
and Mr Kundan she is confused hence she is asking na? so why create fuss dude
what are the procedure for the new formation of a new Charitable Trust u/s 12Aa, (deduction u/s 80 G )?
Recent Topic
- Section 192 2(b) entry in IT return ITR 1
- Rent from redevelopment property
- How to find FMV of inherited gold after selling it
- Happy CA Day!!
- Share your proudest CA moment 🏆
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
Related Topics
CAclubindia
