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
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)