Is tds applicable on expenses met by Director on behalf of Company.
Say Rs.90,000 paid for training charges.
No tds was deducted when payment was made.
Company accounted such as expense of Company.Will Disallowance attracted on account of non deduction of tds by director (Expense accounted as expense of Company)
No.TDS is not applicable
Why no disallowance for non deduction of tds.
Any ways director paid on behalf of Co,can u pls quote any section or circular/Notification supporting -No disallowance on payment made by director on behalf of Company.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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