23 September 2015
My client is into event management and runs the business in India as a proprietor. He also runs a proprietorship firm outside India and there are transactions between both the firms. Both income as well as expenditure. The client is an NRI.
My question is 1) Is Transfer Pricing applicable? 2) Should TDS be done for claiming foreign expenditure?
Guest
Guest
(Expert)
24 September 2015
I dont understand. How can he pay to himself or how can he recieve from himself? Expenditure cannot be claimed if it is incurred to himself.
CAclubindia
