A Norwegian Company rents some equipment to a customer in
India. The Norwegian Company does not have an office in
India. The new tax regulations make in mandatory for them
to furnish a PAN number without which a with holding tax
will be deducted. The Norwegian company will be paying tax
on this rental income in Norway.
India and Norway have a Double Tax Avoidance Agreement.
I wish to know
1) Is it possible for the Norweigian company to avoid the
with holding tax in India?
The following are details of an invoice from a foreign
supplier of goods:
20 pieces of item X @ $ 20 per piece $ 400
20 pieces of item Y @ $ 5 per piece 100
Total $ 460
Total cost of above shipment of goods is Dh 2,300 which is
made up of Dh. 2,070
representing cost of transferring the above invoice amount
of $460 and the balance of Dh 230 represents other direct
You are required to calculate the landed cost in Dirhams
for ONE PIECE of item X.
AOP meana association of persons which includes individuals
BOI means association of individuals .so my question is
how to recognize a client whether he is aop or boi when he
is a associaton of INDIVIDUALS.I will be helpful to those
answered my question
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