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BANKS ASSESED AS ?

This query is : Resolved 
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(Querist)
17 July 2010
HOW IS BANK ASSESSED AS
COMPANY , AJP OR OTHER ?

IF AS A COMPANY WILL THE TAX RATE BE @ 30% FOR DOMESTIC AND 40% FOR FOREIGN BANK ?

PLEASE GIVE NAME OF SOME FOREIGN BANK,


THANKS
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CA SURENDRA KUMAR RAKHECHA

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CA SURENDRA KUMAR RAKHECHA (Expert)
02 August 2010 As a Company.

Yes it is 30% and 40%

Citibank N.A., Grindleys Bank, Standard Chartered Bank.

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