Tds on reimbursement of expenses

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..... dear sir, we CHA making payment for 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 .....

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..... from client in india and make te freight 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 .....

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..... By Mukesh Kumar - The Reply = Though the 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 res .....

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..... ponsible for paying any sum to any resident...." Therefore, as per the provisions of section 194C you need to deduct TDS under as payment to contractors at the rate of 2%. - Tds on reimbursement of .....

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..... expenses - Query Started By: - d.v. gupta Dated:- 16-6-2009 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management I .....

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..... ndia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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