TDS on out of pocket exp
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 September 2010
Company has received a bill from consultant on 1/8/2010, Rs.25000 fee and Rs.8000 out of pocket exp. Whether to deduct tds on Rs.33000 or not to deduct tds as fee amount is below Rs.30K
07 September 2010
Deduct TDS on Rs 33000/- (As u memtioned it is a consolidated bill)
07 September 2010
On Rs. 33000 @10%IF IN A SINGLE BILL. Circular no.715dt.08-08-1995. but if separately billed, no tds on out of pocket exps. refer ITO vs Dr. WILLIMAR SCHWABEINDIA (P) LTD.(2005)3 SOT 71
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