TDS on Professional Free
This query is : Resolved
18 February 2010
Sir i want to know that if a CA working in a Company and got 20000 P.M as Professional Charges. and he got Rs.15000 lumpsum Car petrol charges from company then TDS Deducted on Rs.15000 or Not.
Thanks
Thanks
18 February 2010
Acutal Department Circulr No.715 dt.8.8.1995 . Reimbursment also attract TDS but in the case of ITO Vs.Dr.Willmar schwabe India p ltd (2005)3 SOT 71 in ITAT Delhi, if the reimbursment raised separate invoice not attract TDS.
In your case also if he raised separate invoice for pertrol expenses TDS not attract
In your case also if he raised separate invoice for pertrol expenses TDS not attract
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19 February 2010
Reimbursement doesn't attract TDS provisions if a separate bill is raised for the same
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26 February 2010
agree no tds in ur case if reimbursment raised separate invoice
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