Filing of Returns for Branch

This query is : Resolved

Share Report Follow Query Ask a Query

h.balaji

h.balaji (Querist)
Follow

08 January 2010 Is it required to file returns for branch ?

Aditya Maheshwari

Aditya Maheshwari (Expert)
Follow

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.

h.balaji

h.balaji (Querist)
Follow

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

CA Shailesh +91 9393926464

CA Shailesh +91 9393926464 (Expert)
Follow

09 January 2010 Yes. You are required to comply with every provision of the Act as regards TDS, Income Tax, etc

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
Follow

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.

h.balaji

h.balaji (Querist)
Follow

09 January 2010 wen i file my returns . wat will be the status of the branch?

h.balaji

h.balaji (Querist)
Follow

11 January 2010 How bout ROC returns ??

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