We are a pvt ltd company..or c & f agent submits two bills one for reimbursement which includes warehouse charges, xerox charges, D.O. charges, transportation charges, documentation charges, stamp duty, loading and unloading charges and octroi duty and one of his agency bill which includes consolidates agency charges and license registration charges.
I am under impression that no tds u/s 194c will be deducted on reimbursement bill and tds u/s 194c will be deducted on agency bill.
Please specify whether i m correct or not and is there any circular or notification regarding my query.
CAclubindia
