Tds

This query is : Resolved 

22 July 2013 if holding co pay salary to subsidiary co director .who are responsible for deduct tds

22 July 2013 the payer i.e holding co needs to deduct tds as per sec 194J.

22 July 2013 i am not satisfy why not deduct subsidiary co

22 July 2013 refer sec 194J the person who pays salary or credits the a/c of payee is liable to deduct tax.

in your case holding co is the person liable to deduct tax.


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