TDS on Electricity

This query is : Resolved 

05 May 2009 Company A owns the premises in which Company B has its office.. Company B pays rent on such property... Now Company A has charged electricity bill on Company B by way of Debit Note.. The basis of the bill is the assumption of usage of equipment used by Company B... Eg. 2 A/c working for 8 hrs. for the month... 5 computer working for 7 hrs... multiply the above hrs, by the expected consumption of such electronic devices... Whether TDS will be attracted on such expenses...

05 May 2009 If the electricty expenses will recovered by raising seprate debit note then TDS willnot applicable. and in the same bill raised then TDS applicable. because this is called reimbursement of expenses.

05 May 2009 Whether or not electricity amount is billed or not, TDS is applicable on reimbursement of expenses.
Citation- Supreme Court of India V/s MRF tyres.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries