hello frnd...i have a querry related to compensation ....if co. paid compensation to an employee so is it taxable in the hands of company?????
2 Replies
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 20 July 2011
company has to deduct TDS and claim as expenditure in his business
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 20 July 2011
yes company can claim as mexpense
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