A foreign company undertook consultancy work for a Govt Company. It then opened a branch office i India and obtained PAN. The Govt company made ... Read Full Issue

1. For debit or credit to an associate Concern, the service tax is to be paid immediately. The invoices, either for services rendered or services ... Read Full Issue

What is the difference between a Project Office and Branch under F.E.M.A? I feel that Project office is for a specific Contract and it is set up for ... Read Full Issue

i have given a gift of Rs 100000 to me elder brothers wife. whether the same is taxable or not. kindly advise

Hi, I have a query on the Corporate Tax Rate of a Wholly Owned Subsidiary of a Foreign Company. A company is registered in India as a Private ... Read Full Issue

Indian company had given interest free loan  Rs.10.00 crores to its wholly owned subsidiary company  in USA towards working capital ... Read Full Issue

Hi. As a Freight forwarder, we use to get Debit Notes from Freight forwarders around the world who are our network agents. These debitnotes are in ... Read Full Issue

An indian pvt Ltd. co. wants to accept a loan of Rs. 1 crore from an NRI.can it be accepted and what are terms & conditions & formalities?

My client is a professional. He has number of engineers who works in feild . He has also office staffs. The arranbement is that each will have a ... Read Full Issue