tds on reimbursement of out of pocket wxpenses

This query is : Resolved

akash (Querist)
Follow

12 August 2008 can any one help me out whether tds is required to be deducted for reimbursement of out of pocket expenses and under which section?

CA Abhishek Tyagi

CA Abhishek Tyagi (Expert)
Follow

12 August 2008 For out of pocket expenses one should raise the debit note seperatoly otherwise the same will be liabile to TDS provision undet the same section in which the payment other than out of pocket expenses falls.

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
Follow

13 August 2008 Reimbursement of out of pocket expenses would also liable for TDS if they are not supported by necessary documents proving that the expenditure was indeed incurred specifically for the purpose.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA.K.RAMAKRISHNA. PRABHU

CA Aakarsh Jain

Venkateshwaran Ekambaram

Credible HRM

Jayanti Visani

Subscribe Now

tds on reimbursement of out of pocket wxpenses

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA