TDS on Reimbursement
sumeet (service) (46 Points)
06 February 2008sumeet (service) (46 Points)
06 February 2008
O.D.SHARMA
(DGM-F & A)
(1734 Points)
Replied 06 February 2008
M.Sriram Shenoy
(CA Final)
(814 Points)
Replied 06 February 2008
sumeet
(service)
(46 Points)
Replied 06 February 2008
M.Sriram Shenoy
(CA Final)
(814 Points)
Replied 06 February 2008
M.Sriram Shenoy
(CA Final)
(814 Points)
Replied 12 February 2008
deepak thukral
(consultancy)
(45 Points)
Replied 03 June 2008
The answer is very simple. The person appointed for the purpose of discharging the liability of octoria is expected to provide the receipt for payment thereof. Then no TDS will be deducted on that amount. In theabsence of proof of payment, the full amount will be liable to TDS.
Nidhi Mittal
(C.A.,C.S.)
(107 Points)
Replied 18 March 2009
Plz tell mewhether tds wiil b applicable on reimbursement to employyes
O.D.SHARMA
(DGM-F & A)
(1734 Points)
Replied 18 March 2009
Dear,It depends the nature of reiumbersement. if Its Exp. for company or personnel exp. reiumbersment in medical/Conveyance ETC is taxable,others are not.
vikas
(accounts assistant)
(692 Points)
Replied 27 March 2010
When party received a Octroi bill as following from his Octroi agent then what is TDS Amount & on Which Rate / Why?
Octroi charges = 53,574/-
Finance charges = 804/- (1.5% of octroi)
Clearing charges = 500/-
Form charges = 10/-
Total = 54,888/-
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
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