Tax benefit if any amount paid in United State of America
This query is : Resolved
24 June 2011
Dear Sir,
I have to know how can a Indian company get benefit of the amount which is being paid in USA for taxes. Is this benefit available.
Kindly let me know about the same.
Thanks & Regards,
Raghav Jha
I have to know how can a Indian company get benefit of the amount which is being paid in USA for taxes. Is this benefit available.
Kindly let me know about the same.
Thanks & Regards,
Raghav Jha
CA PARAS BAFNA
(Expert)
27 June 2011
There is a DTAT between the USA and India to avoid double taxation. If the particualr item of Income is covered under the treaty, you may be allowed tax concession, lower of the two, -
@ average rate tax payable by you or the tax actually deducted there.
@ average rate tax payable by you or the tax actually deducted there.
Message likes :
1 times
27 June 2011
Respected Sir,
Thanks to you.
Can you also give me some link regarding this so that I will know this properly.
Thanks & Regards,
Raghav
Thanks to you.
Can you also give me some link regarding this so that I will know this properly.
Thanks & Regards,
Raghav
CA PARAS BAFNA
(Expert)
27 June 2011
You may follow the link-
https://www.nritaxservices.com/tax_save.htm#1
You may follow the link-
https://www.nritaxservices.com/tax_save.htm#1
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