05 April 2021
We use to deduct TDS on payment made to a transporter which is a company. Transporter co. has various branches in india, one of our employee paid bilty amount without deducting TDS on it. Now the query is that the bilty is on the name of company and full amount without deduction of TDS has been paid by the employee related to november 20 month. Now he is claiming reimbursement of expenses he made. please suggest TDS liability to us as we are also a limited company.
07 April 2021
1) Now, deduct tax at source and make payment of the same along with interest 2) Recover the same from the transporter company or adjust against pending/future dues
CAclubindia
