Please guide if a company makes a reimbursement to the staff of expenses made on behalf of company (say for Advt. Exp.) How the TDS provisions are complied with in that case.
Arun BR
(Manager-Finance)
(50 Points)
Replied 02 July 2008
you are making payment to your staff towards reimbursement,the question of TDS will not arise but only FBT is applicable
CA CS CIMA Prakash Somani
(Landmark Group)
(23502 Points)
Replied 03 July 2008
FBT would be payable in head Employee Welfare.
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