Tds on reimbursement of expenses

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Tds on reimbursement of expenses
Query (Issue) Started By: - d.v. gupta Dated:- 16-6-2009 Last Reply Date:- 18-6-2009 Income Tax
Got 1 Reply
Income Tax
dear sir, we CHA making payment for .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... freight to the non resident companies having no office in india. the non resident co. paid freight for our client and raise bill to us. we recovered the bill amount from client in india and make te f .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... reight payment incurred on our behalf to non resident co..kindly advise whether we should deduct tax at source under income tax. if yes, at what percentage Reply By Mukesh Kumar: The Reply: Though t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he CHA is making the payment to GTA on behalf of his client who is non resident but the same qualifies the terms of section 194C which opens as "Any person responsible for paying any sum to any reside .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nt...." Therefore, as per the provisions of section 194C you need to deduct TDS under as payment to contractors at the rate of 2%.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X