dear all,
WISH YOU HAPPY & COLOURFUL DIWALI TO YOU & YOUR FAMILY srinivasulu k 9848155297 On Thu, 23 Oct 2008 Visvanathan Sivaraman wrote : >Dear Friends, > >The last line of sec 194C, 194J etc gives the amount *on which* TDS is to be >deducted. >It says "*on the INCOME COMPONENT"*. >So naturally the TDS is not deductible on exp re-reimbursed. >How ever for postage stamp of Rs.5.00 if the reimb is more say 5.25 then TDS >is to be deducted, >unless the bill says 5.00 for postage and service charges 0.25 in which case >tds. > >the sections begins with the words "when xxx pays a sum towards ...." >Reading only this portion of the act some immature department official has >given a clarification >to say that TDS is on the bill amount. Naturally the ITO takes this in there >defence. >A clarification can not over rule the act esp when the act has given clear >instruction. > >If the ito does not agree with you then you may go on appeal and win hands >down. > >sivaraman v > > >On 10/23/08, Deepesh Shah (Gmail) <[EMAIL PROTECTED]> wrote: > > > > Dear Srinivasulu > > as per my knowledge, if it is purely reimbursement of exp, then TDS may not > > applicable. if it is part of total bill then it is applicable > > > > With Regards, > > Deepesh > > > > > > > > On Wed, Oct 22, 2008 at 3:04 PM, srinivasulu k < > > [EMAIL PROTECTED]> wrote: > > > >> > >> dear friends, > >> > >> My querry is: > >> Karvy despatching all our d/w to share holders and they are asking for > >> reimbursement of postal expenses. > >> > >> IS TDS applicable on this? > >> > >> kindly help me in this regard. > >> > >> thanking you > >> srinivasulu k > >> > >> > >> > >> [image: Rediff > >> Shopping]<http://adworks.rediff.com/cgi-bin/AdWorks/click.cgi/www.rediff.com/signature-home.htm/[EMAIL > >> PROTECTED]/2206641_2199021/2201649/1?PARTNER=3&OAS_QUERY=null> > >> >> > >> > >> --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Skorydov MyTaxAssistant Member Group" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/SkorydovMyTaxAssistant?hl=en -~----------~----~----~----~------~----~------~--~---
