Withholding tax implications for foreign branches
This query is : Resolved
Pranjal samant
(Querist)
16 May 2012
Are withholding taxes as per Indian IT Act are applicable on the expenditure incurred & paid by foreign branches in foreign country ?
What are the tax implications on Indian company if such expenditure(incurred by branch in foreign country) paid by indian company directly?
What are the tax implications on Indian company if such expenditure(incurred by branch in foreign country) paid by indian company directly?
CA. Anuj Gupta
(Expert)
18 May 2012
Normally TDS should not be deductable for payments made outside India, however ther might be circumstances under which the same shall arise.
The answer shall be same even if paid directly by Indian company.
Anuj
femaquery@gmail.com
The answer shall be same even if paid directly by Indian company.
Anuj
femaquery@gmail.com
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