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tds on directors travelling exp?

DIPAK AGARWAL (Service) (554 Points)

31 January 2008

should we deduct tds on travelling exp. paid for directors & consultants travelling? if yes under which section.

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5 Replies

jagadish (accountant) (64 Points)
Replied 31 January 2008

Hi Dipak, No TDS has to be deducted on any payment made on Directors travelling expences but it attract the FBT. FBT tax has to be paid by the company

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Late CA Sampat Jain (Chartered Accountant) (4772 Points)
Replied 31 January 2008

no tds

(Guest)

NO need to deduct TDS on ravel bills. whether it ifor director or for consultant.

CA Anil Jain (Chartered Accountant) (696 Points)
Replied 03 February 2008

No TDS is attractable. U/S 194C TDS is payable if Payment is made to a resident Contractor and with Directors company have no such type of contract,But if directors have their personal Travelling agencies and contract is made with them on regular basisTDS has to be deduct because both will be treated as separate entity.

prasanth.ak (accountant) (33 Points)
Replied 02 November 2009

Originally posted by :DIPAK AGARWAL
"	should we deduct tds on travelling exp. paid for directors & consultants travelling? if yes under which section.	"

No Tds Deduct