TDS on preliminery expenses payment

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 February 2010 Is the company liable to deduct TDS from the reimbursements being made for office rent paid by the directors without deducting TDS from the same. This rent paid is reimbursed by the company after its incorporation considering it as preliminary expenses. The rent was paid by the directors from their personal fund before company's incorporation though the rent is for office.

20 February 2010 if tds provisions for rent are applicable than same need to be complied with but tds of landlord is to be deducted not of the directors

26 February 2010 Agree with Sanjeev Kr Jain




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