I am discussing regarding overseas company and not for India taxation.
If company earns $ 150,000 rental income and Withholding tax is 8 % on Rent.
Corporate tax is 25%.
Then how much tax liability he has to pay?
I am having confusion whether tax liability would be $ 8000 or $ 25000.
Menu
Tax liability on Rental income
Replies (2)
If it's not for India taxation , the company is not incorporated in India.
then one must mention the country of residency.
then one must mention the country of residency.
Follow Income Tax provisions of that Country.
What is category of your company - Proprietory, Firm or any other Form of that country.
What is category of your company - Proprietory, Firm or any other Form of that country.
Recent Topics :
- Input tax claim related
- User not found in MCA portal
- GST RATE ON FILM PRODUCTION
- Section 54
- Why are foreign investors suddenly buying Indian s
- TDS ON IMMOVABLE PROPERTY - PURCHASE FROM NRI &
- Query to Tax Garden tax consultant
- Subject: Urgent Assistance Required – TRACES
- Claiming business re-imbursements while filing GST
- E-waybill 14 Digit Numbring
Related Topics :
CAclubindia
