Withholding Taxes/DTAA

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Indian companies and non-resident companies with India-sourced income must withhold taxes on any payment to another party that is subject to withholding tax in India. If the payer believes that only a portion of the amount is subject to tax, the payer can apply to the assessing officer of the Tax Authority to determine the appropriate portion that is subject to tax.

International double taxation has adverse effects on the trade and services and on movement of capital and people. Taxation of the same income by two or more countries would constitute a prohibitive burden on the taxpayer. The domestic laws of most countries, including India, mitigate this difficulty by affording unilateral relief in respect of such doubly taxed income.

We can assist you in obtaining Permanent Account Number (PAN), computation and preparation of Income Tax Returns, representation before tax Authorities, reviewing tax agreements, help in repatriation of funds from India and other advisory on withholding taxes in India.

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