Hi,
Company B is a separate entity
Its registered office is overseas
the incorporation expense related to consulting $2500 would be relected in B's
books. A is paying an advance and would surely be reimbursed by B
Hence no service tax .
CA Kondal Reddy Yeldanda <[EMAIL PROTECTED]> wrote: Hi all,
Please resolve my query.
Company A (holding Co) incorpoarated Company B (subsidiary WOS) in overseas.
THe Incorporation charges of 2500 $ payable.
Company A shall pay 2500 $ to consultants overseas.
problem is Whether company A needs to do TDS on above payment.
Regards,
CA Y Kondal Reddy
Prasenjit Sengupta, FCA
Prasenjit Sengupta & Co
Chartered Accountants
9 Ashokegarh, Kolkata-700108
Ph-9830288269
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