could any one tll me what is the income tax rate for foreign company????????
11 Replies
Vivek Angrish
(Manager Finance & Accounts)
(232 Points)
Replied 31 March 2010
There is no such income tax rate for foreign company, only thing is that whenever we make payment to foreign company tds is to be deducted from that payment at the specified rate
Vivek Angrish
(Manager Finance & Accounts)
(232 Points)
Replied 31 March 2010
There is no such income tax rate for foreign company, only thing is that whenever we make payment to foreign company tds is to be deducted from that payment at the specified rate
Rachit
(Analyst)
(913 Points)
Replied 31 March 2010
The Rate of Income tax in case of a company other than a domestic company is:
1) In respect of Income from Royalty & Fees for Technical services @ 50%
2) On other incomes 40%
plus Ed. & SHE cess 3%
Surcharge @ 2.5% applicable only if the income exceeds Rs.1.00 crore
CA Devender Chauhan
(Group Financial Accountant)
(1526 Points)
Replied 31 March 2010
| Originally posted by : Rachit | ||
 |
The Rate of Income tax in case of a company other than a domestic company is: 1) In respect of Income from Royalty & Fees for Technical services @ 50% 2) On other incomes 40% plus Ed. & SHE cess 3% Surcharge @ 2.5% applicable only if the income exceeds Rs.1.00 crore |
 |
correct
Raj Saxena (1412th Tiger)
(Struggling Student)
(272 Points)
Replied 01 April 2010
| Originally posted by : Rachit | ||
|
|
The Rate of Income tax in case of a company other than a domestic company is: 1) In respect of Income from Royalty & Fees for Technical services @ 50% 2) On other incomes 40% plus Ed. & SHE cess 3% Surcharge @ 2.5% applicable only if the income exceeds Rs.1.00 crore |
|
C.Balaji
(Learner)
(1867 Points)
Replied 01 April 2010
Tax Rate incase of a company other than a Domestic company.....
Tax - 40%......
Surcharge - 2.5%.........
Cess - 3%...........
Mohd Javed Khan
(CA FINAL)
(622 Points)
Replied 01 April 2010
| Originally posted by : Rachit | ||
|
|
The Rate of Income tax in case of a company other than a domestic company is: 1) In respect of Income from Royalty & Fees for Technical services @ 50% 2) On other incomes 40% plus Ed. & SHE cess 3% Surcharge @ 2.5% applicable only if the income exceeds Rs.1.00 crore |
|
correct...........
CA Ayush Agarwal
(Kolkata-Pune-Mumbai)
(27186 Points)
Replied 01 April 2010
Here Your Question May Be Taken into Two Way.........
One Way is That which is Taken By Vivek.
& Rest all taken That is Correct one.
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