TDS

This query is : Resolved

Suheel Ahmed (Querist)
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19 February 2009 In case of a company, company director paid advertisement charges Rs.30,000/- through his credit/debit card.

now,company will re-imbrsed advertisement charges to director paid by through his card

then,

a)Co. can reimbursed full amount of
Rs.30,000/- ???? or
b)Co.can re-imbursed,after deduction of
TDS ?????

In case of TDS will deductable,

then

a)co.will liable to remiting this amount ?/
b)collecting from party ??/
c)debiting to director imprest
account ????

CA Abhishek Bagaria

CA Abhishek Bagaria (Expert)
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19 February 2009 TDS has to be deduted at the time of payment to director.