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Tds

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(Querist)
16 June 2016 As per court judgement, a daily collection commission agent gets conveyance allowance arrears for the last two years. What is the treatment in Income Tax? Is he liable to pay tds for their conveyance allowance arrears amount ?. Kindly explain it. Expect reply,Sir

Karthikeyan, Etds Consultant Rasipuram
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Rupesh Jain

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Rupesh Jain (Expert)
16 June 2016 conveyance exp. will be reimbursement of the exp. on that tds not applicable if he sent you the seperate bill for that.

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