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    madhavvan's Avatar
    madhavvan Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jun 10, 2010, 05:28 AM
    Taxation of non resident company
    A non resident company based in germany has been awarded a contract for installation and commissioning services in india and it has been given a place inside factory premises of the indian company

    It receives payments for the services in its bank a/c abroad for services rendered in india

    Queries

    Whether the non resident foreign company is required to file its return in india and is the rceipt taxable and under which head and what is rate of tax is tax audit required to be carried out since the fees received exceeds rs. 40 lacs

    Can the non resident foreign company claim credit for tds deducted on the payments received abroad for services rendered in india if it files its return in india.

    Is non resident foreign company required to dedcut tax at source on payments made in india in respect of services rendered in india and is it required to file tds returns and can it issue tds certificates
    The foreign company does not have a PAN In India
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Jun 15, 2010, 02:59 PM
    This is a question for taxes in Germany and India.

    This frum address ONLY U.S. tax issues.
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