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Disallowance of international Taxes

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(Querist)
26 March 2010 Any taxes payable by a company outside India inresepect of its branch operations is allowable or not as per Indian Income Tax Act
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MK GUPTA (Chartered Accountant

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MK GUPTA (Chartered Accountant (Expert)
30 March 2010 Dear Friend

It depends upon the country to country where branch is established.

As these terms are driven by the provisions of DTAA, It over rides the income tax act.

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