TDS U/194C

This query is : Resolved

Report Abuse Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

19 November 2009 WHETHER TDS IS APPLICABLE ON REIMBURSEMENT OF EXP. TO CLEARING & FORWARDING AGENT AT THE TIME IMPORT ?

C.A.Amitabh Gupta

C.A.Amitabh Gupta (Expert)
Follow

20 November 2009 If separate bill is raised for reimbursement of expns and for fee of C & F agent, then TDS u/s194C not applicable in case of reimbursement of expns but if a consolidated bill raised for fees as well as expenses reimbursement then entire amount subject to TDS ( ITAT in ITO V Dr.Willmar India P Ltd [2005]3 SOT 71 )