HI I WANT TO KNOW WHETHER TAX TO BE DEDUCTED FOR REIMBURSEMENT OF EXPENSES ALSO, IF SEPARATE BILL IS RAISED FOR REIMBURSEMENT OF EXPENSES U/S 194 J
15 Replies
FATEMA
(CHARTERED ACCOUNTANT)
(719 Points)
Replied 02 January 2010
Reimbursement of expenses do not attract TDS.
tom
(x)
(44 Points)
Replied 02 January 2010
NO TDS. But remember that sec 194J & 194 C speaks on deduction of tax on ANY SUM paid unlike other sections, ie, 194I, 194G, 194a, 194b etc where tax is deductible on payment by way of income only.So circular no.715 dt.8.8.05 required tds on gross payment including out of pocket expenses paid to professionals. But Delhi bench of ITAT in ITO vs Dr. Willmar Schwable india pvt.ltd.(2005) examined the scope of this circular and held that reimbursement of expenses FOR WHICH BILL IS SEPARATELY given didnot attract sec194J. So take care.
Batul
(Article assistant)
(207 Points)
Replied 02 January 2010
there is no tds on reimbursement of expensed
Batul
(Article assistant)
(207 Points)
Replied 02 January 2010
there is no tds on reimbursement of expenses
Rakesh
(Asst Manager)
(209 Points)
Replied 02 January 2010
No tds on reimburshment of expenses.........
Amir
(Learner)
(4016 Points)
Replied 02 January 2010
YES IF SEPARATE BILL IS THERE THEN IT WILL NOT ATTRACT TDS
Ravi Singh
(Article Assistant)
(100 Points)
Replied 02 January 2010
....evry one is ryt......reimbursement do not attaract TDS.....
nikhil bapat
(CA)
(212 Points)
Replied 02 January 2010
in case of separate billing for reimbursement of exp, TDS not required to be deducted
Jagadish
(Student)
(368 Points)
Replied 02 January 2010
| Originally posted by : BALASUBRAMANIAN K | ||
 |
HI I WANT TO KNOW WHETHER TAX TO BE DEDUCTED FOR REIMBURSEMENT OF EXPENSES ALSO, IF SEPARATE BILL IS RAISED FOR REIMBURSEMENT OF EXPENSES U/S 194 J |  |
There is no qusten of TDS in case of Reimbursement of expenses.
manoj
(Divisional Accountant)
(36 Points)
Replied 03 January 2010
Dear rembursment is the mony that the employee had expend. it is not a income.
it is not a part for TDS.
CA. Vipin Gupta
(Accounts Officer)
(146 Points)
Replied 04 January 2010
everyone is write there is no TDS on Reimbursement of Expenses
CA. Vipin Gupta
(Accounts Officer)
(146 Points)
Replied 04 January 2010
everyone is Right no TDS on Reimbusement
Recent Topics
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- Where can I find a trusted provider to hire a skip
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
- Rectification to decrease income in SCHEDULE OS
Related Threads
CAclubindia
