Write back of a ecb loan from foreign holding co
This query is : Resolved
19 July 2019
1. Will the write back of a ECB loan from foreign holding co by Indian co treated as Capital receipt ,this is done pre winding up of Indian co
2. Is MAT applicable on the book profits after the above writeback 3.Any Tax is to be paid on remitting equity to foreign co
2. Is MAT applicable on the book profits after the above writeback 3.Any Tax is to be paid on remitting equity to foreign co
08 August 2019
MAT is applicable but carry forward unabsorbed depreciation can be adjusted .
Yes it's a capital receipt
Yes it's a capital receipt
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
CAclubindia
