Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Tax on Reimbursement from Client

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ax on Reimbursement from Client<br> Query (Issue) Started By: - Shrey Shah Dated:- 18-8-2025 Income Tax<br>Income Tax<br>Hi, please guide on the below. I provide IT services to a client outside India....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... and I declare my income under Section 44ADA in my ITR. The client asked me to purchase some assets from India like Laptop, Screen, etc. on their behalf to get the work done. They reimbursed the enti....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....re amount to me. Although, in future, whenever the contract ends, I'll have to return back all the assets I purchased to the client as they own it. The same clause is written in my contract as well. ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... In this case, do I still have to consider the reimbursed amount as an income and get it classified as taxable OR will this be a pure reimbursement and should NOT be taxable as the assets are owned by....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... the client itself and not me?<br> Discussion Forum - Knowledge Sharing ....