hey frnds...
the parent company is indian company & its subsidary company is in uganda.. subsidary company in uganda has been received from indian parent company... so indian company has received interest income from its subsidary... also tds has been deducted by uganda subsidary @ 10% as per DTAA agreement.
the question is how to treat this income by indian parent company in income tax return and whether transfer parcinig provision is applicable or not?? tds deducted buy uganda subsidary company is allowable as tax credit or not..
reply its urgent..
CAclubindia
