If an Indian company is having foreign branch (lets say in Dubai), Can Indian company claim losses of the foreign branch while paying taxes in India
And in case of profit in branch, do we need to pay taxes on that profit in India?
Pls advise
Menu
Foreign Branch of Indian Company
Replies (2)
It will depend on whether the income of such foreign branch accrue or deemed to be accrue or arise in India.
Yes, POEM of the branch will be in India. However, CBDT has provided exemption to companies having turnover of 50 crores n F.Y from the POEM guidelines
Recent Topic
- Due date of ITR for Option Trader
- Cancelled invoice entry
- Debt Mutual Fund Tax in New Regime
- Amount distributed by a Co-op. Hsg Society to its
- Delayed reported invoice in GSTR1
- Kusumgar IPO Listing Date: Shares Debut on BSE, NS
- When is Diwali in 2026? Date, Muhurat Timing and D
- Amount received by son from PPF closure proceeds o
- Clarification on Nature of Payment Code for NRI Pr
- Fee received as Independent Director
Related Topics
CAclubindia
