Mr. Rajendra
TDS liability arise only on INCOME, and not on expenses which reimburse, suppose i incurred 5000 towards expenses and some one reimburse me that amount in that case what i gain and what i loos? nothing why income tax liability arise on that amount.
Therefor always TDS consider on income and not on reimbursement of expenses.
Mitesh Pathak
TDS liability arise only on INCOME, and not on expenses which reimburse, suppose i incurred 5000 towards expenses and some one reimburse me that amount in that case what i gain and what i loos? nothing why income tax liability arise on that amount.
Therefor always TDS consider on income and not on reimbursement of expenses.
Mitesh Pathak