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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

TDS - Since the reimbursement of expenditure by the holding ...

Income Tax

August 3, 2015

TDS - Since the reimbursement of expenditure by the holding company is not leading to any accrual of income in the hands of that company, the question of making TDS on such income does not arise. Further the amounts paid outside India in the instant case are not falling under either royalty, interest or fee for technical services, therefore they are not chargeable to tax in India - AT

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