Dayal
(Gen. Manager - Indirect Taxation)
(3434 Points)
Replied 22 October 2007
CA BHAVNA
(JOB)
(23 Points)
Replied 12 June 2008
Dear Friends,
Plz. let me know is there any liability to deduct TDS on reimbursement of freight advance paid by the supplier to the transportor, or we have to deduct TDS only on the freight amount paid the company.
with reference to provisions of Income tax act.
Regards,
Bhavna.
pankaj
(Taxation expert)
(63 Points)
Replied 10 July 2008
Two things:
1. Payer is liable to deduct TDS
2. Sec 194C & J refers to 'any payment'...means including reimbursements as well..
Suman Inani
(Job)
(0 Points)
Replied 10 July 2008
Whether TDS should be deducted on stipend receive by an articleld assistent?
Sathish k
(Partner)
(116 Points)
Replied 10 July 2008
dear bhavna
your query is not clear pl. elaburate
SAIKAT BISWAS
(SERVICE)
(36 Points)
Replied 16 August 2008
Please provide the under which section and rate the TDS would be deducted for below mentioned activity.
Bill raise for agency charges,dock staffing charges and labour charges
with regards,
Saikat Biswas
E_mail;saikat.biswas @ mycem.in
Prabhash Chandra Jha
(TAX CONSULTANT)
(48 Points)
Replied 17 August 2008
bhavna
if your company incurred the frieght charge then you should liable to deduct tds on whole frieght bills of the transporter. it doesnot matter that whole frieght paid by your suppliers.
Prabhash Chandra Jha
(TAX CONSULTANT)
(48 Points)
Replied 17 August 2008
dear brijesh your annual salary is only 1.32 lakh .when an individual income is exempt up to 1.5 lakhin f.y 2008-09. you should contract your personnal agest this matter. is he shoun to you as an emploee or you are contractor
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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