11 May 2012
We are a manufacturing company.Previously we are a part of XYZ's Group company. The XYZ had taken Airtel connection for whole group to take the benifit of minimal charges for conversation within the group.The parent company pay the bill and afterwards raised a bill as reimbursment of the telephone bill including Service Tax. Till now we have not deducted any TDS on the payment made to parent company.
Now our company has been taken over by ABC company and our parent company is now ABC Ltd. We have received a similar bill from XYZ Ltd . My qustion is whether we need to deduct any TDS on that?