TDS on Re-imbursement expenses incurred abroad
This query is : Resolved
05 June 2010
Dear Sir/Madam,
We have to pay clearing & forwarding charges to non-resident abroad who have paid these charges on behalf of us in abroad.
Now the question is whether we need to deduct the tax u/s 195 while re-imbursing the same?
We have to pay clearing & forwarding charges to non-resident abroad who have paid these charges on behalf of us in abroad.
Now the question is whether we need to deduct the tax u/s 195 while re-imbursing the same?
08 June 2010
Hi,
In my view no tax will be deductible as the reimbursements which the NR is receiving is not an income chargeable to tax in India. Same view has been taken in the cases of Van Oord ACZ and Prasad Productions.
Best Regards
Ankit Gangwani
In my view no tax will be deductible as the reimbursements which the NR is receiving is not an income chargeable to tax in India. Same view has been taken in the cases of Van Oord ACZ and Prasad Productions.
Best Regards
Ankit Gangwani
08 June 2010
Thanks very much.
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