TAX IMPLICATION
This query is : Resolved
28 September 2010
We are a subsidiary Pvt Ltd company. Our parent company advises us contrrol us in all aspect. Now the Parent Co / Holding Co desires to charge us "Management Fee" towards the management service they generally renders to us. What are the tax implications on this proposed charge ? Please advise
30 September 2010
it will be covered under service tax
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