Salary paid by holding company
This query is : Resolved
08 December 2012
Dear Experts,
Can holding company pay salary to employees who are on payroll of subsidiary company ?
Holding company is : Foreigner
Subsidiary Company is : Indian Resident
Employees are getting salary from Indian as well as Foreign Holding company.
Will the salary is taxable in India in Employees hand ?
Can holding company pay salary to employees who are on payroll of subsidiary company ?
Holding company is : Foreigner
Subsidiary Company is : Indian Resident
Employees are getting salary from Indian as well as Foreign Holding company.
Will the salary is taxable in India in Employees hand ?
09 December 2012
Holding Company can pay salary to employees of subsidiary Company but it shall create an issue in taxation and transfer pricing of Indian company.
Also the contract of employees needs to be seen n the present case.
Yes all the salary received by Indian employees shall be taxable in their hand.
Anuj
femaquery@gmail.com
Also the contract of employees needs to be seen n the present case.
Yes all the salary received by Indian employees shall be taxable in their hand.
Anuj
femaquery@gmail.com
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