Tds
This query is : Resolved
13 January 2014
Dear sir,
Expense is paid by Holding Co. on behalf of its Subsidiary co. Whether Subsidiary co. shall deduct the TDS on it?
Thanks on Advance!!!
Expense is paid by Holding Co. on behalf of its Subsidiary co. Whether Subsidiary co. shall deduct the TDS on it?
Thanks on Advance!!!
13 January 2014
yes. need to deduct the TDS on that
13 January 2014
TDS to be deducted by the company which will book the expenses in its PL Account.
14 January 2014
Holding is liable to deduct tax at source
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