Deduction of Head Office Expenditure in the Case of Non-Residents – Section 44C

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..... to the business or profession being carried on in India) is allowable, but restricted to the following ceiling An amount equal to 5 % of the adjusted total income, or Actual head office expenditure attributable to the business or profession of the assessee in India. (Whichever is lower). However, if the adjusted total income of the assessee is a loss, then the amount under .....

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..... tive and general administration. Adjusted Total Income The total income computed In accordance with the provisions of the Act without giving followings effects- Allowance under this section Unabsorbed depreciation allowance u/s 32(2) Expenditure incurred by a company for the purpose of promoting family planning amongst its employees under first proviso to section .....

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