difference in taxation

This query is : Resolved 

05 May 2010 can anybody tell me the difference between taxation in India of branch of foreign company & wholly owned subsidiary of a foreign company

05 May 2010 Both are resident assessee under income tax Act as one in incorporated in india the other is a permanent establisment of the Foreign company. while there may be isuues of attribution on gloabl income of the foreign company in case of branch, these issue will not arise in case of a 100% subco.



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