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Income Tax

India notifies rules for I-T computation for foreign firms

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"These are procedural guidelines, applicable to a foreign company where POEM is established in India. Companies need to take cognisance of the same as some of the aspects like applicability of withholding tax provisions, as specified, may pose some practical challenges.”

Vikas Vasal
Partner, Grant Thornton India LLP

This article appeared in Economictimes on 28th June, 2018.