Pre-incorporation expenses

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 March 2013 Dear Experts,

with the reference to the subject i would like to

i am working as an Accountant in Japanese company which is incorporated in June 2012 in India, my question is, before the incorporation of company in India, parent company from japan had invest money around 20000$ as pre-incorporation expenses for registration & Furnishing of office, now we have to pay the entire amount back, how much amount of tax will be get deducted & what will be procedure

Thanks in advance

Querist : Anonymous

Querist : Anonymous (Querist)

18 March 2013 please reply it's urgent

Regards & Oblige

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok