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Section 44C - Deduction of head office expenditure in the case of non residents

Income Tax - Profit and Gains of Business or Profession - 82 - SEC - 44C: DEDUCTION OF HEAD OFFICE EXPENDITURE IN THE CASE OF NON-RESIDENTS As per section 44C of Income Tax Act ,deduction allowed for head office expenditure incurred outside India by Non-resident (attributable to the business or profession being carried on in India) is allowable, but restricted to the following ceiling - a) An amount equal to 5 % of the adjusted total income, or b) Actual head office expenditure attributable to t .....

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any premises outside India for business purpose Salary, wages annuity, pension, fees, bonus gratuity, perquisites or profits in lieu or in addition to salary, paid or allowed to any employee engaged in managing the affairs of any office outside India Traveling by any employee or any other person employed in,or engaged in managing the affairs of, any office outside India Such other matters connected with executive and general administration. Adjusted Total Income - The total income computed befor .....

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