banner_ad

TDS of clearing agent

Others 244 views 3 replies
Hello Everyone,

Suppose we hire ABC clearing agent for import services. & we are deducting TDS of it's service bills. Now ABC agent is issuing 2 bills, one for it's own service + 2nd for taking services of XYZ agent & XYZ is generating tax invoice on the name of our company. should we deduct TDS on bills of XYZ, As we are making payment to ABC. currently we are deducting TDS on bill of ABC only. please guide.
Replies (3)

Whatever payment is required to be made to ABC, deduct tax over it. When you are not required to make payment to XYZ then no question of TDS deduction. If its reimbursement paid to ABC for the services of XYZ, TDS is not deducted over payment made to ABC for that reimbursement amount.

Thanks Sir
if you can add TDS section will provide clarity


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details