TDS applicability

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K B K (Querist)
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28 July 2009 Is payment made to Clearing & Forwarding agents laible for TDS. IF so, on what portion. whether on service charges only or full amount.

Jitender

Jitender (Expert)
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28 July 2009 on full charges u/s 194C except for reimbursement of exp.

K B K

K B K (Querist)
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29 July 2009 Normally these C& F agents will pay for Demurrage charges, warehousing chgs, etc on behalf of the principal and will also pay freight (ocean or air)and will get reimbursed from principal.They ll also charge service chgs. My question is whether to deduct on that service chgs only or for that total bill amount which incl exp incurred on behalf of principal

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