MY BUSINESS IS AN IMPORT EXPORT WORK.I HAVE PAID AN AMOUNT OF 200000/- TO MY CHA AGENCY REGARDING[TRANSPORTATION,LOADING UNLOADING,OTHER EXPORT DOC.CHARGES] CAN I DEDUCTED TDS IN THIS AMOUNT.IF DEDUCTED PLEASE GIVE I.T.SECTION DETAILS.
KALPESH PATEL
KALPESH PATEL (ACCOUNTANT) (35 Points)
14 September 2011MY BUSINESS IS AN IMPORT EXPORT WORK.I HAVE PAID AN AMOUNT OF 200000/- TO MY CHA AGENCY REGARDING[TRANSPORTATION,LOADING UNLOADING,OTHER EXPORT DOC.CHARGES] CAN I DEDUCTED TDS IN THIS AMOUNT.IF DEDUCTED PLEASE GIVE I.T.SECTION DETAILS.
KALPESH PATEL
VIJAYKUMAR
(CHARTERED ACCOUNTANT)
(203 Points)
Replied 14 September 2011
You have to deduct TDS on the whole amount including Amount re-imbursed to agent if the Bill is not made seperately.The Relevant Section is 194C.
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
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