Tax implications on company
This query is : Resolved
26 March 2014
My clients wants to Starts a company, The main business of the company to sale and market the product of its other group company through its agents.
This company will be provided Commission as remuneration .and this company will distribute this remuneration to its agents and employees.
Now my question is which type of Taxes will be applicable to this new company and the existing group companies.
This company will be provided Commission as remuneration .and this company will distribute this remuneration to its agents and employees.
Now my question is which type of Taxes will be applicable to this new company and the existing group companies.
Nikhil Kaushik
(Expert)
26 March 2014
income tax, TDS(for tax deduction on payments made to agents and employees), profession tax, service tax...I am assuming you would only be doing marketing part..if you act as a trader then, VAT etc shall also apply.
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