I don't think so
Just because the company is reimbursing a sum to the different co., which is expending the expense on its behalf, it cant be absolved of its liability to deduct tax
Krishna Kumar Jalan
Ph: 99033 95027
From: ICAI_CIRC_MEERUT_
Sent: Thursday, January 10, 2008 11:39 AM
To: ICAI_CIRC_MEERUT_
Subject: Re: {Brainstormers -CA} TDS liability
In my opinion the primary responsibility of deducting tax is of NHAI because they are getting reimbrusement and direct payment is being made by them.For the sake of precuation you can write in covering letter that please no TDS has been deducted please ensure tDS Liability at your end.
Secondly it is not clear that these are employee of NHAI and/ or consultant for NHAI.
Thanks.
C.A.Kishan Maheshwari
Jaipur ( Raj.)
9829478418
----- Original Message ----
From: Arun Sharma <arunsyv@gmail.
To: icai_circ_meerut_
Sent: Saturday, 5 January, 2008 11:31:57 AM
Subject: {Brainstormers -CA} TDS liability
Dear Friends,
We have undertake the Road Project (under BOT) scheme from NHAI. As per the term of agreement NHAI will submitt the bill to us for 50% reimbursemnet of expenses of his Independent Consultant ( Remunneration , Transport etc) on monthly basis. Apart from thses reimbursemnet No other fees is payable to NHAI. We are issuing the DD in the name of NHAI and we have no interaction with Independent Consultants.
Kindly let me know whether any TDS liablity will attract on said payment, if yes, under which sec of Income Tax Act.
Thanks
AS
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