HI GUYS
Plz tell me under income tax act what r he complinces or formalities or aspact of income tax if subsidiary of an indian company invest in foreign company in foreign.
thx
Menu
OVERSEAS INVESTMENT
Replies (1)
THERE ARE NO SPECIFIC FORMALITIES OR REQUIREMENTS UNDER THE INCOME TAX ACT. WHATEVER DIVIDEND OR ANY OTHER INCOME IS RECEIVED BY THE INDIAN HOLDING COMPANY THAT IS TO BE OFFERED FOR TAX AFTER CONSIDERING BENEFIT UNDER DTAA IF ANY OR CREDIT FOR FOREIGN TAXES PAID
Recent Topic
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
Related Topics
CAclubindia
