Definition of Domestic Company

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

03 March 2010 Definition of Domestic Company & Foreign Company as per Income Tax Act, 1961.
Send me the definition

Sudhindra

Sudhindra (Expert)
Follow

03 March 2010 Domestic company has different connotations for different provisions under IT so pls specifiy as to in which context or rather for which provisions u require to know the definition of a domestic company.....

Zeeshan

Zeeshan (Expert)
Follow

03 March 2010 Domestic Company 2(22A)
domestic company means an Indian company, or any other company which, in respect of its income liable to tax under this Act, has made the prescribed arrangements for the declaration and payment, within India, of the dividends (including dividends on preference shares) payable out of such income.

Foreign Company 2 (23A)
foreign company means a company which is not a domestic company.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

03 March 2010 An Indian company is automotically falls under domestic company under Income tax

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

siddhesh satardekar

santhosh singireddy

madhu sudan

RAJENDRA PARAKHI

kavita goel

Subscribe Now

Definition of Domestic Company

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA