Deduction of Head Office Expenditure in the Case of Non-Residents – Section 44C

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..... s or profession being carried on in India) is allowable, but restricted to the following ceiling An amount equal to 5 % of the adjusted total income, or In case of adjusted total income of the assessee is a loss 5 % of the Average adjusted total income; or Actual head office expenditure attributable to the business or profession of the assessee in India. (Whichever is lower). Following is the stat .....

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..... der this section Unabsorbed depreciation allowance u/s 32(2) Expenditure incurred by a company for the purpose of promoting family planning amongst its employees under first proviso to section 36(1)(ix). Business loss brought forward u/s 72(1). Speculation loss b/f u/s 73(2). Loss under the head Capital Gain u/s 74(1). Loss from certain specified source b/f u/s 74A(3) (i.e. the amount of loss incu .....

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