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
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- Taxable or Tax exempt
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- TDS Deducted AY-2013-14 Not Reflected in 26as
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- NRI starting business in India
- ADVANCE PAYMENT OF ADVOCATE
- Filling ITR - U
- TDS Return Q1 FY 2026-27
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
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
