Tax implication of international transaction

This query is : Resolved

Nirmala Rathod (Querist)
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17 October 2016 Dear Sir
Back ground:
we are registered section 25 company in India. our Head office(member company) is a foreign company.
Query
Our head office is planning to enter into contract with Indian company for purchase of Software to be used by company's on global level. Our head office is going to make payment for software purchase from Indian vendor. We are going to use the software purchased by our head office through Indian vendor and will reimburse our head office for purchase of software. we would like to know the tax implication on entire transaction.

Amol S Joglekar

Amol S Joglekar (Expert)
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17 October 2016 section 25 company i.e. Non Profit making..right? (New section is 8)
now this Indian company will pay to Foreign company for the use of software. The transaction is governed by ALP...Arm's Length Price

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