Tax is deducted at source from hotel bills (room bills). However, if the payment is made thru corporate credit card and later claimed, should TDS be deducted on the same?
2 Replies
llllVICTORllll
(Internal Auditor)
(511 Points)
Replied 27 August 2009
i think, as there a liability on the company to deduct tax, it is always good to deduct tax, whatever the mode of payment and however indirect the payment be, so, in my opinion, if the bill is in the name of the company, deduct tax.
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 27 August 2009
If TDS is payable on same payment the mode of payment does not decide the deduction of TDS and hence TDS will be deducted on the same. I think u should make less payment and pay TDS.
Recent Topics
- FORM 10 IEA IN Revised return
- ITC Eligibility on GTA
- Top Highest Tax-Paying Celebrities: FY 2023-24
- Misplace society Bye law
- Submit ommited invoice of previous year
- Need your valueble insight
- GSTR-9 Invoices
- Agricultural Business Loss
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
Related Threads
CAclubindia
