Valuation - reimbursement of expenditure - establishment of a ...

Service Tax

March 18, 2019

Valuation - reimbursement of expenditure - establishment of a subsidiary - The building belongs to the appellant and, therefore, the payment of rent, rates and taxes, labour charges, repair and maintenance, generator expenses and insurance premium are all liabilities of the appellant and not of the subsidiary. Thus, these payments are not in the nature of reimbursements.

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Valuation - reimbursement of expenditure - establishment of a ...

Service Tax

March 18, 2019

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