12 November 2008
There are three companies operating in a same premises. There are some common expenses incurred by one company. Nature of expenses are 1) Printing and stationery 2)office maintenance 3)telephone expenses etc.
My question whether the company in whose name the billing has been received from vendor can "issue debit note to other compnay". There is no criteria of distribution of expenses
If the Debit note can be issued then whether SERVICE TAX would be applicable for the issue of debit note.
CAclubindia
