dear mr.reddy, I think, A has to pay an amount ie., after deducting tds and should show in A books as advance paid to B.
and TDS: A has to pay TDS on behalf of B and show in A books as advance . thankng you srinivasulu k On Sun, 05 Oct 2008 CA Y Kondal Reddy wrote : >Dear Prasenjit Ji, > >The Query is about TDS not about Service Tax. > >Thanks for your reply. > >Pleae cite some sec. reference. > >Regards, > >CA Y Kondal Reddy > ----- Original Message ----- > From: prasenjit sengupta > To: [email protected] > Sent: Sunday, October 05, 2008 8:10 AM > Subject: Re: International taxation > > > 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 > > >---------------------------------------------------------------------------- > Add more friends to your messenger and enjoy! Invite them now. > >> --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Skorydov MyTaxAssistant Member Group" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/SkorydovMyTaxAssistant?hl=en -~----------~----~----~----~------~----~------~--~---
