Trc


09 December 2013 we are registered co. in Goa but wholly subsidiary owned by UK co. now our customer are asking us TRC certificate. i would like to know what is TRC and who should have TRC ie we from Goa or from UK

09 December 2013 hi,
Dear Freind

Trc means Transfer Residence Certificate.

u have to get TRC from uk. your tax liability will be computated as foreign company.

your customer is right u have to give them trc.

if u r not give them trc then your tax calculation will be done on bilateral method.

09 December 2013 thank U Sir,


09 December 2013 dear Sir,

what if don't have TRC and what will be the tax rate if TRC not given



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