LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Tds on service tax reimbursement is allowable ?

(Querist) 06 January 2014 This query is : Resolved 
Hi Sir,

we and company are sharing service tax @ 50%. when the company reimbursed their share of 50%, they deducted TDS and sent the amount to us. Is it allowable ? second, will it not amount to double taxation ???
Adv.Aiyer VLV (Expert) 06 January 2014
TDS to be allowed income must be credited. Credit ST to p&l for claiming credit for tds

Tds is collection mechanism. Not double taxation. Tax is based on income
Rajendra K Goyal (Expert) 06 January 2014
TDS is not double taxation,Tax is levied on Income. Agree with the expert Adv.Aiyer VLV ji.
Devajyoti Barman (Expert) 06 January 2014
Commercial query....


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :