saranraj (CA FINAL) (419 Points)
31 October 2016Company X incorporated in US has its software development company Y in India (in a SEZ). A telecommunication provider based in India raises invoice in the name of Company Y in USD but addressed to Company X. Please advise if Company Y can pay this invoice.
CA Gayathri Sankaran
(CA)
(62 Points)
Replied 31 October 2016
Saravanan
(Taxation)
(51 Points)
Replied 02 November 2016
you can pay saran. hi guys pls correct me if you differ
Saravanan
(Taxation)
(51 Points)
Replied 02 November 2016
you can pay this and whoever is the ultimate service recipient shall book this as expenditure in their books
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