There is no such income tax rate for foreign company, only thing is that whenever we make payment to foreign company tds is to be deducted from that payment at the specified rate

There is no such income tax rate for foreign company, only thing is that whenever we make payment to foreign company tds is to be deducted from that payment at the specified rate

The Rate of Income tax in case of a company other than a domestic company is:

1) In respect of Income from Royalty & Fees for Technical services  @ 50%

2) On other incomes 40%

plus Ed. & SHE cess 3%

Surcharge @ 2.5% applicable only if the income exceeds Rs.1.00 crore

Agree with Rachit

Originally posted by : Rachit
	The Rate of Income tax in case of a company other than a domestic company is: 1) In respect of Income from Royalty & Fees for Technical services  @ 50% 2) On other incomes 40% plus Ed. & SHE cess 3% Surcharge @ 2.5% applicable only if the income exceeds Rs.1.00 crore

correct

Rachit is correct

rachit is right

Tax Rate incase of a company other than a Domestic company.....

Tax - 40%......

Surcharge - 2.5%.........

Cess - 3%...........

Originally posted by : Rachit
	The Rate of Income tax in case of a company other than a domestic company is: 1) In respect of Income from Royalty & Fees for Technical services  @ 50% 2) On other incomes 40% plus Ed. & SHE cess 3% Surcharge @ 2.5% applicable only if the income exceeds Rs.1.00 crore

correct...........

Here Your Question May Be Taken into Two Way.........

One Way is That which is Taken By Vivek.

& Rest all taken That is Correct one.