Maximum deduction under s. 44c

In case of Foreign Companies having branches in India, what is the maximum deduction allowed under S. 44C?

Replies (1)
Dear Anisha,
 
Maximum Deduction allowable u/s 44C is an amount equal to five per cent of the adjusted total income.
 
All the best!
Regards,
QLI Success Oriented coaching for CA and CS
www.qli.co.in
9029083303

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