Foreign Company - I.T. Provisions

This query is : Resolved

mohan rao (Querist)
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17 November 2008 our company Received the Services from Singapore enterprise and its not a professional or thechnical service. its like a work order.

on that invoice it is mentioned that the bill is Excluding any indian taxes

How much % of Income Tax will be applicable.

pls. suggest me

Jitender

Jitender (Expert)
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17 November 2008 the rate of tax will be lower of provided in ADT or in income tax act.
& u need to do the grossing up as payment is exclusive of taxes.

mohan rao

mohan rao (Querist)
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17 November 2008 with singapore DTAA How much is the Tax Rate ?

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