Tax implication for advance to emplyee from overseas branch
This query is : Open
15 May 2009
An indian company having a branch in philippines, hires an employee in india and deputed him in branch, can pay him some advance from branch and adjust against salary payable from india?
What will be the tax implications if answer is "yes".
What will be the tax implications if answer is "yes".
15 May 2009
I guess it would be taxable at the time of receipt of advance.
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