Tds

This query is : Resolved 

13 January 2014 Dear sir,

Expense is paid by Holding Co. on behalf of its Subsidiary co. Whether Subsidiary co. shall deduct the TDS on it?

Thanks on Advance!!!

13 January 2014 yes. need to deduct the TDS on that

13 January 2014 TDS to be deducted by the company which will book the expenses in its PL Account.


14 January 2014 Holding is liable to deduct tax at source



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