Withholding tax

This query is : Resolved

Seema Satkar (Querist)
Follow

04 August 2013 I have one querry regarding WHT.

If indian subsidiary has to bear WHT while making the payment to foreign parent company is it necessary to ask parent company for inflated invoices ? or only grossing up doen in indian subsidiary books is sufficient ?
Also will WHT attract on reimbursment of expense invoices?

How Foreign parent company will file its return in India?
It has to show income with grossing up value ? or Net value?

Arihanth Jain

Arihanth Jain (Expert)
Follow

15 August 2013 My Views:
a. Not necessary to get an grossed up invoice from Parent Co.

b. TDS does not apply on reimbursements.

c. Foreign Co., if has a PAN, can file IT papers. And it will have to show grossed up values and claim the TDS as well.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

T.N.Reddy

Sreekumar J Pai

asmita gupta

Keshav Dubey

kambamcr@gmail.com

Subscribe Now

Withholding tax

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

Senior Executive

Accountant

GST CONSULTANT

CA Final

GST CONSULTANCY