TMI BlogTax on foreign compnayX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear sir, I come to know weither our copany in india Register company act 1956 but 75% share held with foreign company, japan please tell me this company treated under income tax as s foreign co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mpany tax will be 40% (50%) ?? or not Regards Arjun Sachdeva - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Section 2(23A) of the Income Tax Act, 1961 defines the term 'foreign comp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... any' as a company which is not a domestic company i.e., company registered under Companies Act, 1956 or Companies Act, 2013 . As such in my opinion your company will not be treated as foreign c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ompany. - Tax on foreign compnay - Query Started By: - MITSUI PRIME Dated:- 16-1-2013 Corporate Laws / SEBI / LLP - Got 1 Reply - Companies Law - Discussion Forum - Knowledge Sharing, reply post b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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