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TDS on bill


sujin (accounts executive)     19 December 2019

sujin
accounts executive 
 3 likes  197 points

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dear experts,
our employee was stayed in the hotel
for two days after this employee was received bill from hotel with our company GST no In the invoice for this he paid full invoice amount by credit card this vendor we already having in ledger we are deducting TDS on all invoice

so my question is whether we need to deduct tds or not

avater

Pradeep kumar (Professional)     19 December 2019

Pradeep kumar
Professional 
 1 likes  78 points

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We have to deduct TDS as per law for above mentioned secionario but kindly avoid direct payment from ur employee..

avater

sujin (accounts executive)     19 December 2019

sujin
accounts executive 
 3 likes  197 points

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But payment is done by employee to vendor how we can deduct tds now

avater

Pradeep kumar (Professional)     19 December 2019

Pradeep kumar
Professional 
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While doing accounting entry you may deduct TDS and adjust the same from vendor against future payments

avater

sujin (accounts executive)     19 December 2019

sujin
accounts executive 
 3 likes  197 points

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Can u send me any reference for the above ?

avater

Pradeep kumar (Professional)     19 December 2019

Pradeep kumar
Professional 
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TDS has to deduct for this type of case. as u said the hotel is ur vendor you can settle the TDS portion in various ways

avater

VINAYAK HEGDE (accounting & taxation freelancer)     19 December 2019

VINAYAK HEGDE
accounting & taxation freelancer 
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In which section you will deduct on accomodation

avater

Pradeep kumar (Professional)     19 December 2019

Pradeep kumar
Professional 
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If you have rent agreement then 194 I or else 194 c

avater

VINAYAK HEGDE (accounting & taxation freelancer)     19 December 2019

VINAYAK HEGDE
accounting & taxation freelancer 
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If you booking same vendor for accommodation, then TDS applicable us194i rent, ko ki


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