Out client (Pvt Ltd co)is sharing office space with another individual, it has been agreed that a monthly consolidted amount will be paid the the individual against reimbursement of expenses. . Though the amount is reimbursement of various expenses eg.Rent, electricy, water & food etc. it is fixed for a month. The bills will be in the name of the indivisual. He can produce only a copy of the same.
My query is whether this payment will attact TDS if so under what section. Is there any way the company can avoid this?
Thanks a lot.
