130 likes | 249 Views
GROUP 2. GROUP MEMBERS ABHISHEK (120401) ANKITHA (120404) AMEEN (120419) SHAHBAZ (120427) SWETHA (120433) LAMA (120443). TOPIC. ASSESMENT OF COMPANIES. MEANING OF COMPANY. TAX TREATMENT OF FOREIGN COMPANY IN INDIA.
E N D
GROUP 2 GROUP MEMBERS • ABHISHEK (120401) • ANKITHA (120404) • AMEEN (120419) • SHAHBAZ (120427) • SWETHA (120433) • LAMA (120443)
TOPIC ASSESMENT OF COMPANIES
TAX TREATMENT OF FOREIGN COMPANY IN INDIA • Income arising from a business connection in India, which is reasonably attributable to operations carried out by foreign company in India; • Income arising from any property in India; • Income arising from any asset or source of income in India; or • Income arising from transfer of a capital asset situated in India; • Royalty payable from India; • Fees for technical services payable from India, etc.
Income from special sources Income from special sources
FORMAT OF COMPUTATION OF TOTAL INCOMEOF COMPANIES FOR THE ASSESMENT YEAR_______
Format of computation of tax liability of companies for the assessment year _____