Tds

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Querist : Anonymous

Querist : Anonymous (Querist)

03 March 2016 what will be rate of Tds in case of revenue sharing agreement

Ankur Singhal

Ankur Singhal (Expert)
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03 March 2016 Dear pls explain the case properly.
What type of revenue shared and tds on which item??

Querist : Anonymous

Querist : Anonymous (Querist)

04 March 2016 Facts:

Can Pvt Ltd. act holding company of LLP

For example one pvt Company ABC formed with Two Directors
Now One LLP Created By MD of ABC company " ABC LLP " in which ABC company and MD of ABC company was Designated partners with 80:20 ratio

ABC LLP made revenue sharing agreement with one Pvt company . pvt company will assist and give consultancy to ABC llp

1 what will be relation b/w ABC company and ABC LLP (holding & subsidiary ???)

2 how accounts will be prepared by ABC LLP and ABC company (Individually)
3 what will be tds rate when ABC LLp make payment to pvt company for his services.

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