A company reimburses expenses ( for deputed employees salaries) to its parent company. Does it attracts TDS?
Balakrishna Reddy (Student) (68 Points)
29 August 2008A company reimburses expenses ( for deputed employees salaries) to its parent company. Does it attracts TDS?
CA Hemant T Dewani
(Chartered Accountant)
(3356 Points)
Replied 29 August 2008
subsidiary & parent co.are same so tds provison is not applicable & if exp are reimbursed tds provison is also not applicable
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