Company "A" is making payment of its sister company like "X", "Y" and "Z"
Including common expenditure like, rent, electricity, coffee, tea etc., in the month end Company "A" will raise invoice/debit note to X, Y, Z.
At the time of company X making payment to A, whether TDS should be deducted or not.
No TDS is appliacble on reimbursement.
Tax is to be deducted at the time of payment to 'A'
T.D.S. shall be deducted at the time of payment to A
no T.D.S. on reimbursement of such expenses from its sister concerns
Regards,
Kiran Kumar V
TDS is applicable on rent under sec 194I if paymant in excess of 1,20,000/= P.A.
electicity & tea exps. is rembursment . no tds on reimbursment
A comapy is holly subsidary company of D , A provideing technical support to D, in this case how TDS deductable from A invoice there is no exp like tea, coffee
| Originally posted by :srinivas | ||
| " | A comapy is holly subsidary company of D , A provideing technical support to D, in this case how TDS deductable from A invoice there is no exp like tea, coffee |
" |
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