Holding Company Expense Reimbursements Not Taxable; No TDS Required on Payments Made Outside India.

Holding Company Expense Reimbursements Not Taxable; No TDS Required on Payments Made Outside India. https://www.taxtmi.com/highlights?id=24028 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 en-us Mon, 03 Aug 2015 11:56:27 +0530 Mon, 03 Aug 2015 11:56:27 +0530 TaxTMI RSS Generator Holding Company Expense Reimbursements Not Taxable; No TDS Required on Payments Made Outside India. https://www.taxtmi.com/highlights?id=24028 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 Highlights Income Tax Mon, 03 Aug 2015 11:56:27 +0530 https://www.taxtmi.com/highlights?id=24028