Contents
Section Contents Page No .
Permanent Establishment ................................................................. 35 Business Profits ................................................................................. 35 Depreciation ..................................................................................... 35 Minimum Alternate Tax .................................................................... 35 Transfer Pricing ................................................................................ 36 Royalty & Technical Service Fees ................................................... 36 Dividend ........................................................................................... 36 Business Losses ................................................................................ 36 Withholding Tax ............................................................................... 37
4.6.2 Expatriate Taxation ........................................................................... 37 Residential Status ............................................................................. 37 Taxability under DTAA .................................................................... 37 Taxable Income ................................................................................ 38 Rates of Individual Taxation ............................................................ 38 Payment of Taxes ............................................................................. 38 Tax Reporting in India ..................................................................... 38 Other Issues ...................................................................................... 39
4.7 |
Indirect taxes |
......................................................................................... |
39 |
4.7.1 |
Customs Duty ................................................................................... 39 |
4.7.2 |
Excise Duty ...................................................................................... 40 |
4.7.3 |
Service Tax ....................................................................................... 40 |
4.7.4 |
Central Sales Tax / Value Added Tax ............................................... 41 |
4.7.5 |
Taxation of Works Contract Tax ...................................................... 41 |
4.7.6 |
Research & Development Cess ........................................................ 41 |
5 Other Laws & Regulations ........................................................... 43 5.1 Intellectual Property Rights .................................................................. 43 5.2 Competition Act ..................................................................................... 43
6 Company Closure ........................................................................ 45 6.1 Modes of winding up ............................................................................ 45
3