If we are making payment to Travel agency for tickets of directors of the company going for personal purpose . Are we suppose to deduct TDS . Please Help . Its urgent
bhavini sheth (Article Clerk) (65 Points)
31 March 2010If we are making payment to Travel agency for tickets of directors of the company going for personal purpose . Are we suppose to deduct TDS . Please Help . Its urgent
shushantsinghal
(BCOM(HONS),C.A)
(283 Points)
Replied 31 March 2010
IT MEANS THAT COMPANY IS NOT CLAIMING SUCH EXP IN P&L A/C......
SO U WILL ADJUST SUCH AMT IN HIS REMUNERATION .....
SO NEED TO DEDUCT TDS.....