Urgent querry
This query is : Resolved
21 January 2015
I am a french Language professional earlier working in Delhi in the Capacity of Interpreter/Translator in french Language. My elder daughter is an Advocate and younger daughter is undergoing MCA from Punjab University,Chandigarh and son doing B Tech (CSE) from Amity, Noida, Semester Six, He even opted for German there.
Keeing the above points in view, Kindly suggest the better and alternate option so that we can either set up institutes or Professonal Points or any consultancy, marketing/trading related service. Apart from Language, I m doing international trading business so even much aware of Marketing ,sales, forwarding and consultancy related services to overseas clients. Hence, please provide the below details so that I can update myself and take decision to start from India as well.
Formalties of setting up ;- Commerical/ residential address
Charges at the time of opening up and annually renewal charges.
Documents required for company directors
how much annually tax from deposited amount.
Condition for Pan number:-
Is there any benifit for getting loan from commercial bank after showing annual transaction
Keeing the above points in view, Kindly suggest the better and alternate option so that we can either set up institutes or Professonal Points or any consultancy, marketing/trading related service. Apart from Language, I m doing international trading business so even much aware of Marketing ,sales, forwarding and consultancy related services to overseas clients. Hence, please provide the below details so that I can update myself and take decision to start from India as well.
Formalties of setting up ;- Commerical/ residential address
Charges at the time of opening up and annually renewal charges.
Documents required for company directors
how much annually tax from deposited amount.
Condition for Pan number:-
Is there any benifit for getting loan from commercial bank after showing annual transaction
21 January 2015
You can start a Limited Liability Partnership(LLP) consultancy firm.
You can get loan from banks based on annual transactions.
For complying with formalities contact a CA.
You can get loan from banks based on annual transactions.
For complying with formalities contact a CA.
21 January 2015
sir right now i am outside india so how will you guide me if today i want to set up the institute w.r.t foreign taxation point of view.can i right now apply for the same.
21 January 2015
If you form a company you have to comply with lot of legal formalities. Inst-ed of private limited company better option is LLP.
21 January 2015
You can open a branch in foreign country.
Branch income
The income of all foreign branches is taxed in India as part of the Indian company's worldwide taxable income. Similarly, the losses of all foreign branches are deductible in computing the worldwide taxable income. In computing the income or loss of a foreign branch, a deduction is generally allowed for all expenses incurred wholly and exclusively for the purpose of the business that are not of a capital or personal nature. Income is taxed whether or not repatriated. If the branch income incurs tax in the foreign country, credit is given in India to the extent of the lesser of the foreign tax paid or the Indian tax on the foreign income, either unilaterally or under treaty.
Branch income
The income of all foreign branches is taxed in India as part of the Indian company's worldwide taxable income. Similarly, the losses of all foreign branches are deductible in computing the worldwide taxable income. In computing the income or loss of a foreign branch, a deduction is generally allowed for all expenses incurred wholly and exclusively for the purpose of the business that are not of a capital or personal nature. Income is taxed whether or not repatriated. If the branch income incurs tax in the foreign country, credit is given in India to the extent of the lesser of the foreign tax paid or the Indian tax on the foreign income, either unilaterally or under treaty.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Treatment of Pension ?annuity returns on PMVY
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- TAN for Partnership
- NON- SUBMISSION OF LLP FORM 3
- Long Term Service award taxability in hands of company
- What is provisional receipt number for generation of form 16A
- Last year TDS Claim
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- LTCG for Assmt year 26-27
- Form 27Q Correction statement taking too long to update on IT Portal
- ITR selection for salaries and capital gain less than L
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
