There are two bills we received
from clearing & forwarding agent.
one is only their agency charged ,& second is reimbursement of various charges like as ocean freight , road freight , detention etc.
On first bill of agency charges we deduct tds u/s 194 C , but on second bill we never deduct TDs.
My question is, in second bill there are ocean freight , & freight bill invoice is in our name & amount is huge.The said amt. paid by clg . agent on behalf of us & after whole inv. amt.
we reimburse to agent.
In this case who is liable to pay the TDs on ocean freight or road freight
or this reimbursement charges is exempt from paying tds.
Menu
CHA bills
Replies (2)
Quick Summary
As per my view you should deduct TDS as invoices are issued on company name.
But sir , whole payment made by clg. agent how we can deduct..Is there any legal reference.
Recent Topics :
- Sale of shares in indian company by a non resident
- Difference in TIS
- GSTR-9C Upload Status Error Occured
- “Income Tax Implications of Company-Related
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
- Difference between AIS and 26AS data.
Related Topics :
CAclubindia
