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TDS on subsidiary payment

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 February 2011 sir, whether TDS would be deducted on payment to subsidiary company on account of some service in india or outside india....???
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Sunil Kr. Sanganeria

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Sunil Kr. Sanganeria (Expert)
23 February 2011 TDS would be applicable even paid to Subsidiary COmpany
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
23 February 2011 Even the subsidiary company has a separate legal entity from its parent company & hence it will be treated as a normal transaction & hence TDS will apply.
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