Income Tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 December 2009
Sirs,
Orgin of the Company in Korea. They have susidiary company in India in the Name of "XYZ" India Private Ltd.
The chairman residing in Korea.
He is one of the share holder.
Now he wants Dividend and Remuneration.
whether he is eligible to avail the above benefit.
If,yes what is the tax rate on dividend and on Remuneration to be deduct.
Whether he is eligible to avail Group Insurance in India.(alongwith employees in
India)
What about Provident Fund.
Expecting your valuable guidence.
Orgin of the Company in Korea. They have susidiary company in India in the Name of "XYZ" India Private Ltd.
The chairman residing in Korea.
He is one of the share holder.
Now he wants Dividend and Remuneration.
whether he is eligible to avail the above benefit.
If,yes what is the tax rate on dividend and on Remuneration to be deduct.
Whether he is eligible to avail Group Insurance in India.(alongwith employees in
India)
What about Provident Fund.
Expecting your valuable guidence.
23 December 2009
You are telling that he is residing in korea and you have not mentioned his residential status.
For payment of divident dividend distribution tax as per co,s act is enough.
Where as the remuneration attracts section 192
For payment of divident dividend distribution tax as per co,s act is enough.
Where as the remuneration attracts section 192
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
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Type of Capital Gain
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- VALUATION OF PRIVATE LIMITED COMPANY SHARES
- Accounting with Claude
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
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
