Tds on reimbursement of exp
This query is : Resolved
31 August 2014
In SINGLE invoice:
Professional Fees Rs.35000
Conveyance for Staff Rs.5000
On which amount TDS should be deducted u/s 194 J?
As per CBDT circular no.715 -
"Sec 194 J refers to ANY sum paid,REIMBURSEMENT of actual exp CANNOT be deducted out of bill amount for TDS."
Need expert opinion. Any new circular if any.
31 August 2014
the circular still holds goods. you need to deduct TDS on the whole of the invoice amount (excluding service tax)
11 September 2014
agreed with nnikhil.....................
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- Defective Return - Tds on advance
- Income Type for interest from government bonds
- Not a CA , can we prepare balance sheet
- TCS ON SOFTWARE SALES
- SHARE TRANSFER PRIVATE LIMITED COMPANY
- Car Purchases in Daughter Name
- Invoicing in different currency
- ITR 6 Schedule CFL and UD Issues
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- GST RCM not shown in GSTR-3B
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
