If an Indian Private Ltd. Co. has to pay pure reimbursement of expenses to its Group Company in China who has given the details of the expenses by way of a statement but no supportings for the expenses are provided. Then would Withholding tax apply for making payment to them? If so at what rate? Since these expenses are pre-incorporation expenses, whether the same would be allowable ?

If an Indian Private Ltd. Co. has to pay pure reimbursement of expenses to its Group Company in China who has given the details of the expenses by way of a statement but no supportings for the expenses are provided. Then would Withholding tax apply for making payment to them? If so at what rate? Since these expenses are pre-incorporation expenses, whether the same would be allowable ?

If an Indian Private Ltd. Co. has to pay pure reimbursement of expenses to its Group Company in China who has given the details of the expenses by way of a statement but no supportings for the expenses are provided. Then would Withholding tax apply for making payment to them? If so at what rate? Since these expenses are pre-incorporation expenses, whether the same would be allowable ?

If an Indian Private Ltd. Co. has to pay pure reimbursement of expenses to its Group Company in China who has given the details of the expenses by way of a statement but no supportings for the expenses are provided. Then would Withholding tax apply for making payment to them? If so at what rate? Since these expenses are pre-incorporation expenses, whether the same would be allowable ?

Dear Sir,

We are an MNC having branches all over the world.

We have personnel traveling from our Group Companies to India for helping us on certain issues and so also we have our staff traveling to attend meetings, training to our Group offices.

Our Group Companies' raise invoice on us for the expenses incurred on our behalf (reimbursement) and we settle the same.

Off late, our bankers ICICI insist on a CA certificate for all remittances even when the invoices are supported by third party invoices for hotel stay, travel etc.

My CA insists that TDS will be applicable even for such reimbursement of expenses, which I disagree.

I would appreciate if somebody can throw light on this and let me know the provisio under which this is taxable or not taxable

regards

Sivaraman

Company paid to Adarsh Bhakt Mandal agt. "Swamoni" Parsad for Hanuman Jayanti.

Whether this should be taken as donation or Staff welfare exp

if it should taken as donation, whether this is allowable exp or not

and if it not donation, then whether FBT should be applicable on such exp or not

Sirs,

I have done some validation in Excel Sheet, i.e. i have used IF Formula but the number of entries is restricted to number 8 (eight) only. If i am putting any formula using 'IF' after 8th item the error is errupting that Formula is wrong.

So, my Q? is that is it possible to increase the number of entries using IF Formula?

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