Dear All,
Kindly advice on the Liability of the payment of TDS. Suppose if a company is making payment of legal fees on behalf of its sister concern then who is liable for payment of TDS ?
TUSHAR HEMANI (MANAGER TAXATION) (24 Points)
03 December 2011Dear All,
Kindly advice on the Liability of the payment of TDS. Suppose if a company is making payment of legal fees on behalf of its sister concern then who is liable for payment of TDS ?
BabuRaj.P
(Audit Manager)
(42 Points)
Replied 04 December 2011
At the time when legal charges accrued , Tax to be deducted and paid and the sister concern can only be considered as a person who gives loan.If it is an advance payment then also the liability to deduct and pay tax with the person who utilised the service of profesional, but ensure that the pymt is made after deducting tax.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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