hello frns............
A small doubt. If a foreign company got a branch in India. It does not have any profit. Only expenses are reimbursed by the head office. What are the tax consequenses ? pls help guys :) thanks
pragadeeshkanna (searching) (281 Points)
12 August 2011hello frns............
A small doubt. If a foreign company got a branch in India. It does not have any profit. Only expenses are reimbursed by the head office. What are the tax consequenses ? pls help guys :) thanks
varun maingi
(ca final)
(72 Points)
Replied 13 August 2011
IF THERE IS NO PROFIT THAN NO TAX TREATEMENT WILL BE THERE BUT HAVE TO FILE RETURN
CA. Anuj Gupta
(Practices in NRI Int.Tax FEMA TP FDI/FIPB & FCRA)
(7019 Points)
Replied 08 September 2011
Please be clear whether the establishment in India is a Liasion Office or a Branch office??????
Anuj
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