TDS on Profesional Fee

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..... TDS on Profesional Fee
Query (Issue) Started By: - Aitha RajyaLakshmi Dated:- 5-4-2017 Last Reply Date:- 5-4-2017 Income Tax
Got 3 Replies
Income Tax
Sir, In case a Professional along wi .....

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..... th profession Fee charged travel expenses incurred by him for that specific purpose. Eg; Prof Fee - 50,000 travel expenses - 500 total - 50,500 Whether TDS is to be deducted on ₹ 50,000 or .....

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..... ₹ 50,500? Reply By MARIAPPAN GOVINDARAJAN: The Reply: The travel expenses is a reimbursible one. TDS is to be deducted on professional fee only. Reply By Ganeshan Kalyani: The Reply: There .....

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..... has been an audit point raising concern that if the reimbursement claim is supported by a documentary evidence of the same value as that has been claimed in the invoice then it has to be excluded for .....

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..... the purpose of deduction of tax deducted at source. Thanks. Reply By Ganeshan Kalyani: The Reply: In the absence of any supporting document of the amount of reimbursement claimed in the invoice, th .....

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..... en the entire invoice amount shall be considered for the purpose of deducting TDS. Thanks.
Discussion Forum - Knowledge Sharing .....

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