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foreign tax

Others 620 views 3 replies

Whether a foreign entity filing its return of income in India can also be liable for tax audit & maintenance?

Please also provide some support for your reply like section, case law etc.

Replies (3)

Yes sec 44AB doesn't exempt any foreign entity from the same.

 

 

Anuj

+91-9810106211

Yaa 44AB is Mandatory fr all irrespective of Residential Status, In short if u hv business operation in India & it exceeds stat limit u must comply audit u/s 44AB & maintain books as per sec 44AA

nice post . Thanks For postig such a nice information .

 


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