Dear Deepak Pahuja Any CBDT circular is there for your statement ? Auditors accept Dept circulars only
Pl help KSS/20.11.2008 K Sankarasubramanian Taking IT to the heart of India Senior Manager - Finance TVS Electronics Limited DP,34 South Phase, Industrial Estate, Guindy, Chennai 600 032. India. [cid:[email protected]] Tel : +91-44-22321166 Fax : +91-44-22327577 Mob : +91-98400 93176 Mail : [EMAIL PROTECTED] Web : www.tvs-e.in<http://www.tvs-e.in/> ________________________________ The information transmitted is intended only for [email protected] and may contain confidential / privileged material. Any review, retransmission, dissemination or use, in part or in full of this information by any other than the intended recipient is prohibited. If you have received this in error, please return to [EMAIL PROTECTED] and delete the material. This mail is virus protected. However please virus scan before you open or detach documents from this transmission. We are not liable for any damages that may occur caused by any virus. ________________________________ From: [email protected] [mailto:[EMAIL PROTECTED] On Behalf Of deepak pahuja Sent: 20 November, 2008 11:01 To: [email protected] Subject: Re: TDS ON REIMBURSEMENT OF EXPENSES Situation 1: B Ltd. will not deduct TDS on payment of Debit Note. B Ltd. should deduct TDS on payment of Rent to X Ltd. made by A Ltd. on behalf of B Ltd. Situation 2: B Ltd. will not deduct TDS on payment of Debit Note instead B Ltd. will deduct TDS on Service Charges of Rs. 2 Lakh only. On Thu, Nov 20, 2008 at 10:34 AM, K.Sankarasubramanian (Finance/TVS-E) <[EMAIL PROTECTED]<mailto:[EMAIL PROTECTED]>> wrote: Pl let us know what is final position on whether TDS to be done on the claims for reimbursement of expenses as follows: Situation 1 : * A Ltd pays Rs 20 lacs Rent to X Ltd - on behalf of B Ltd due to funds constraints of B Ltd. * A Ltd raises Debit Note on B Ltd for rent paid expenses reimbursement of the same Rs 20 Lacs by attaching all the required proof * Question is whether B Ltd shall deduct TDS on this debit note payment to A Ltd Situation 2 : * A Ltd pays Rs 20 lacs Rent to X Ltd - on behalf of B Ltd due to funds constraints of B Ltd. * A Ltd raises Debit Note on B Ltd for rent paid expenses reimbursement of the same Rs 22 Lacs by attaching all the required proof. Rs 20 lacs for rent and Rs 2 lacs as Service charges * Question is whether B Ltd shall deduct TDS on this debit note payment to A Ltd Pl clarify KSS/20.11.2008 K Sankarasubramanian Taking IT to the heart of India Senior Manager - Finance TVS Electronics Limited DP,34 South Phase, Industrial Estate, Guindy, Chennai 600 032. India. [cid:[email protected]] Tel : +91-44-22321166 Fax : +91-44-22327577 Mob : +91-98400 93176 Mail : [EMAIL PROTECTED]<mailto:[EMAIL PROTECTED]> Web : www.tvs-e.in<http://www.tvs-e.in/> ________________________________ The information transmitted is intended only for and may contain confidential / privileged material. Any review, retransmission, dissemination or use, in part or in full of this information by any other than the intended recipient is prohibited. If you have received this in error, please return to [EMAIL PROTECTED]<mailto:[EMAIL PROTECTED]> and delete the material. This mail is virus protected. However please virus scan before you open or detach documents from this transmission. We are not liable for any damages that may occur caused by any virus. -- Thanks & Regards. CA Deepak Pahuja Mobile: 9215176462 --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
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