Company tax


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Querist : Anonymous

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Querist : Anonymous (Querist)
22 May 2014 Can a company which has operations in India gain any tax benefit if it is headquartered in another country, say Mauritius? Will there be differences in tax compared to the same type of company incorporated in India?

22 May 2014 if he make export then he can take deduction/exemption in income for specified field like software or mfg. industries .

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 May 2014 Thank you.
I would like to know what will be the difference in tax for a company in any service field that is incorporated in India and having its operations in India and a company incorporated in another country, say, Mauritius, but having its operations in India? For eg, A company is incorporated in India and is in the tourism sector. It has a taxable income of Rs. 30 lakhs. B company is registered in Mauritius but is in to tourism operations in India and that company also got a taxable income of Rs. 30 lakhs. What would be the tax liability of both companies?

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 May 2014 Thank you.
I would like to know what will be the difference in tax for a company in any service field that is incorporated in India and having its operations in India and a company incorporated in another country, say, Mauritius, but having its operations in India? For eg, A company is incorporated in India and is in the tourism sector. It has a taxable income of Rs. 30 lakhs. B company is registered in Mauritius but is in to tourism operations in India and that company also got a taxable income of Rs. 30 lakhs. What would be the tax liability of both companies?


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