02 July 2022
IF A PERSON BEING AN INDIAN RESIDENT OPENS A COMPANY OUTSIDE INDIA THEN WHAT WILL BE THE TAXABILITY IN HANDS OF THAT RESIDENT AND IN HANDS OF THAT FOREIGN COMPANY AS THERE IS NO BRANCH OF THAT COMPANY IN INDIA. BUT THE OWNER OF THAT COMPANY IS RESIDENT OF INDIA.....
02 July 2022
In such a case no tax payable on the income earned by the foreign company. Tax payable by the resident on the dividend income received from the company.
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