Filing of Returns for Branch
This query is : Resolved
Aditya Maheshwari
(Expert)
08 January 2010
If you are talking of TDS return then yes. If income tax return then the same is consolidated in the main accounts so no.
08 January 2010
My question is about income tax return only. In my case i.ve got only branch in India. My H.O is in Korea.so there is no question of consolidation in India
09 January 2010
Yes. You are required to comply with every provision of the Act as regards TDS, Income Tax, etc
09 January 2010
Since you have foreign company's branch in India, then definitely your activities are taxable in India. So you have to file the return of branch for the income earned in India.
It is advisable to hire the services of an expert to avoid penalties etc.
It is advisable to hire the services of an expert to avoid penalties etc.
09 January 2010
wen i file my returns . wat will be the status of the branch?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Nursery business
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
