17 February 2021
If a foreign Company (does not have PE in india) receives amount by way of renting of equipments from an Indian Company after deduction of tax @10%. In which head of income such amount shall be shown In ITR form?
17 February 2021
No sir.. 40% is levied when co. Has Permanent established in India. My ques. Is when foreign co. (Has no PE) receive Rent income of equipments how much tax they have to pay?
CAclubindia
