Technical assistance service
This query is : Resolved
27 November 2015
Dear Friends / Experts,
Indian Company availed ‘Technical Assistance Service’ from Foreign Company and made payment to them.
Query
Someone may please confirm, whether the said amount has to be filled in ITR in the field ‘24. ii. To others’ in P&L Schedule.
Your reply, please..............
Thanks in advance for possible replies from all concerned.
Indian Company availed ‘Technical Assistance Service’ from Foreign Company and made payment to them.
Query
Someone may please confirm, whether the said amount has to be filled in ITR in the field ‘24. ii. To others’ in P&L Schedule.
Your reply, please..............
Thanks in advance for possible replies from all concerned.
29 November 2015
Respected Mam,
Technical Assistance Service from foreign company are to be treated as revenue nature expenditure and therefore it should be stated in Field 24 (ii)in p&l Schedule TO others are correct.
Ronak Darji
ronak.jdarji@gmail.com
Technical Assistance Service from foreign company are to be treated as revenue nature expenditure and therefore it should be stated in Field 24 (ii)in p&l Schedule TO others are correct.
Ronak Darji
ronak.jdarji@gmail.com
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