CA Suraj Prasad Shaw (Chartered Accountant) (504 Points)
03 September 2012Whether tax is deducted on reimbursement of expenditure.
Please provide the extract of provision or any current case laws on the said topic.
Experts please guide....
Manjunatha M K
(Manager - Accounts)
(318 Points)
Replied 03 September 2012
Expenditures reimbursed for which Tax is deductible under Chapter XVII, then tax should be deductible. Otherwise need not to deduct Tax
CA Suraj Prasad Shaw
(Chartered Accountant)
(504 Points)
Replied 04 September 2012
Whether tax is deducted on reimbursement of expenditure.
Please provide the extract of provision or any current case laws on the said topic.
Experts please guide....
CAclubindia
