TDS 194 J- PROFESSIAL

This query is : Resolved

rakesh sharma (Querist)
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22 December 2007
A Ca firm raises two separate bills:

1) one for professional services- say Rs 50000/-

2) For reimb of conveyance expenses for the above professional services.( say Rs
3000/)

What will the amount on which the tds shall be deducted.

regards

CA. Vineet Grover

CA. Vineet Grover (Expert)
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22 December 2007 Hi Rakesh,

TDS shall be deducted only on Rs.50000/- as per the circular no. 715. No TDS shall be deducted on re-imbursements amounting to Rs.3000/- as the same has been claimed through a seperate bill.

Rgds/
Vineet