Foreign llp
This query is : Resolved
18 November 2013
in the definition of person,sec2(31), foreign company is included but what about foreign llp? wont that be taxed on its Indian income? is it included in the definition of person? if yes, which provision or case law states so?
07 January 2014
given that the definition of company also includes body corporate incorporated in or outside India, LLP's can easily be included in the same category.
however, needless to say no position in taz law is as simple as LLPs have often been denied benefits of DTAA because of obscurity regarding their tax status (read clifford chance AAR)https://www.pwc.co.uk/en_UK/uk/assets/pdf/foreign-law-firms-providing-services-in-india-june2013.pdf
however, needless to say no position in taz law is as simple as LLPs have often been denied benefits of DTAA because of obscurity regarding their tax status (read clifford chance AAR)https://www.pwc.co.uk/en_UK/uk/assets/pdf/foreign-law-firms-providing-services-in-india-june2013.pdf
Message likes :
1 times
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Sales return eway bill
- Treatment of Pension ?annuity returns on PMVY
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Small dealers gst returns filing
- Free lancer income
- LTCG for Assmt year 26-27
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
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
