https://www.taxtmi.com/forum/issue?id=2502 Failure by a subsidiary to deduct tax at source on service charges paid to its holding company raises the question of expense disallowance. Administrative circulars relevant to recovery or default proceedings do not affect the separate rule permitting disallowance of expenditure for failure to deduct tax at source, so such guidance is not a defense against disallowance of the subsidiary's expense when withholding obligations were unmet. en-us Thu, 16 Dec 2010 19:27:18 +0530 Thu, 23 Jan 2025 15:58:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2502 Failure by a subsidiary to deduct tax at source on service charges paid to its holding company raises the question of expense disallowance. Administrative circulars relevant to recovery or default proceedings do not affect the separate rule permitting disallowance of expenditure for failure to deduct tax at source, so such guidance is not a defense against disallowance of the subsidiary's expense when withholding obligations were unmet. Discussion-Forum Income Tax Thu, 16 Dec 2010 19:27:18 +0530 https://www.taxtmi.com/forum/issue?id=2502