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.
CAclubindia
