Franchise accounting

In a franchise agreement ,If the revenue drops into the account of the franchisor and is them transferred to the franchisee on the basis of the franchise agreement ,can it be disallowed as a expense for the franchisor.How should it be accounted.Will the amount transferred to the franchisee attract tds
Asked 11 months ago in Corporate Tax from Chennai, Tamil Nadu
We may need to read the agreement to properly understand the arrangement.

Please feel free to call/revert in case of any doubts

Thanks and Regards
Abhishek Dugar
CA, CS, B.com
Caabhishekdugar@gmail.com
Abhishek Dugar
CA, Mumbai
1370 Answers
5.0 on 5.0
  Talk to Abhishek Dugar
Hello Sir,

I could not understand your transaction as to what exactly is happening there. Could you please explain the entire transaction in detail in order to assist you.

Trust this clarifies your query. 

Feel free to call back/ get back in case of further clarifications. 

Thanking You. 

Regards,
Rohit R Sharma
BCOM, ACA, LLB-GEN, CERT. FAFP. 
Rohit R Sharma
CA, Mumbai
1272 Answers
5.0 on 5.0
  Talk to Rohit R Sharma

Ask a Question

Get tax advice from top-rated chartered accountants. It's quick, easy, and anonymous!
Ask a question

Other Questions

Chartered Accountants

Abhishek Dugar
CA, Mumbai
1370 Answers
5.0 on 5.0
Rohit R Sharma
CA, Mumbai
1272 Answers
5.0 on 5.0
Shyam Sunder Modani
CA, Hyderabad
1343 Answers
5.0 on 5.0
Keerthiga Padmanabhan
CA, Greater Mumbai
188 Answers
5.0 on 5.0
B Vijaya Kumar
CA, Hyderabad
580 Answers
5.0 on 5.0
Vishrut Rajesh Shah
CA, Ahmedabad
559 Answers
5.0 on 5.0
Pradeep Bhat
CA, Bengaluru
297 Answers
5.0 on 5.0
Vidya Jain
CA, Kolkata
213 Answers
4.2 on 5.0
Vishakha Agarwal
CA, Bangalore
381 Answers
5.0 on 5.0
Mahendra Chaudhary
CA, Pune
22 Answers
4.0 on 5.0