I have received bill for professional services & Expenses for Rs. 42000 and Rs 6100 different bill on same date i.e 17.10.2022.
But, party request in writting that " BILLS OF EXPENSES ARE RAISED ACCORDING TO THE ACTUALS AND IT IS NOT AN INCOME, NO TDS SHOULD BE DEDUCTED SINCE IT IS REIMBURSEMENT OF THE EXPENSES ALREADY INCURRED "
My query :
Should I deduct TDS u/s 194J . If yes then what I should explain to my employer.
If No then I need also explaination.
plz Thanks
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Regarding TDS deduction u/s 194J
Replies (4)
Quick Summary
You need to deduct TDS on Professional services of Rs. 42K, u/s. 194Jb.
No need to deduct TDS on reimbursement of expenses,
Point 1. is there explicitly any contract.
2. if so since it is not crossing the threshold limit , please arrange to deduct tds if there is repetitive, recurrence of the same job.
2. if so since it is not crossing the threshold limit , please arrange to deduct tds if there is repetitive, recurrence of the same job.
Agree with Dhirajlal Rambhia Sir.
Since Category of service is not mentioned I beg to differ on the same. Then you can tell Its under sec 19d JB
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