Withholding tax implications for foreign branches

This query is : Resolved

Pranjal samant (Querist)
Follow

16 May 2012 Are withholding taxes as per Indian IT Act are applicable on the expenditure incurred & paid by foreign branches in foreign country ?

What are the tax implications on Indian company if such expenditure(incurred by branch in foreign country) paid by indian company directly?

CA. Anuj Gupta

CA. Anuj Gupta (Expert)
Follow

18 May 2012 Normally TDS should not be deductable for payments made outside India, however ther might be circumstances under which the same shall arise.

The answer shall be same even if paid directly by Indian company.

Anuj
femaquery@gmail.com

Message likes : 1 times