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 ?
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 ?
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.
CAclubindia
