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Tax

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(Querist)
24 April 2014 Difference btw Indian nd Foreign Co as per Income Tax Act??
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
24 April 2014 there taxation is done differently...an Indian co is liable to pay tax in India for its global income. whereas a foreign co pays tax only on that income that accrues in India.
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