03 September 2015
We have a subsidiary company where some employees are working.
We need to pay salaries to these employees. Apart from this we need to pay rent and other administrative costs on behalf of our subsidiary.
Now, if we, the holding company raise a debit note on our subsidiary to recover the expenses reimbursed by us then is service tax needs to be charged in the debit note.
Please guide.
CAclubindia
