TDS On Reimbursement of Exps (CONVEYANCE AND MEDICAL REIMBURSEMENT)
Pranavnath Nandan Bodas (unmployed) (62 Points)
19 February 2018Pranavnath Nandan Bodas (unmployed) (62 Points)
19 February 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177869 Points)
Replied 19 February 2018
Yes. U/s. 194J (reducing the expenses actually incurred.)
Baljeet Singh
(CA, B.Com (H))
(954 Points)
Replied 19 February 2018
The consultant is supposed to raise the invoice having both Professional fees and Reimbursement amount as components.
He will charge GST on Professional fee only.
TDS would be deducted on whole amount (net of GST) under section 194J @ 10%.