TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Non-resident head office expenditure deduction capped at 5% of adjusted total income or attributable India portion</h1> For a non-resident, deduction for head office (executive and general administration) expenditure incurred outside India in computing profits or gains of business or profession is restricted to the least of: five percent of adjusted total income (or five percent of average adjusted total income if adjusted total income is a loss), or the portion of such expenditure attributable to the business or profession in India. 'Adjusted total income' excludes the allowance under this section, certain depreciation/deduction provisions, losses carried forward and Chapter VI-A deductions. 'Head office expenditure' includes overseas rent, staff remuneration, travel for overseas staff and other executive/administrative costs.
TaxTMI 
TaxTMI 
