https://www.taxtmi.com/forum/issue?id=105850 Where a holding company charges subsidiaries by debit memos that merely reimburse overheads without any markup, such transfers are not a taxable service and do not attract service tax; likewise, reimbursements of expenses do not give rise to an obligation on the subsidiary to deduct tax at source, with TDS exposure arising only if amounts include remunerative consideration such as a markup. en-us Thu, 04 Jul 2013 18:09:12 +0530 Thu, 23 Jan 2025 15:57:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=105850 Where a holding company charges subsidiaries by debit memos that merely reimburse overheads without any markup, such transfers are not a taxable service and do not attract service tax; likewise, reimbursements of expenses do not give rise to an obligation on the subsidiary to deduct tax at source, with TDS exposure arising only if amounts include remunerative consideration such as a markup. Discussion-Forum Service Tax Thu, 04 Jul 2013 18:09:12 +0530 https://www.taxtmi.com/forum/issue?id=105850