Tax


This query is : Resolved 

24 April 2014 Difference btw Indian nd Foreign Co as per Income Tax Act??

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.


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





Unanswered Queries



CCI Pro



Answer Query