Dear all,
Do I need to file Foreign branch Income tax return in India where there is no share capital & no income generation yet??
kindly confirm, as HSBC wants Income tax return to be filed??
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Income tax query
Replies (2)
It will be clubbed with Indian co. depending upon where the core business is set up.
It's a Foreign Comapny's Indian Branch Office... no business activity commenced yet.....Do I need to file Income tax return??
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