We undertake consultancy and certification services needed for making foreign remittances pursuant to the provisions of section 195 of the Income-tax Act, 1961 or as per Double Taxation Avoidance Agreements (DTAA) complying with the guidelines and procedures prescribed by the Reserve Bank of India.
The services under this category broadly include the following:
- Advising on the applicability of withholding tax on various foreign remittances as per the Indian Income-tax Act / DTAA
- Issuing Foreign Remittance Certificates under the various provisions of the Income Tax Act, 1961
- Seeking certificates from the International taxation department for non/lower deduction of tax at source for Sale of Property by Non Resident
- Representations before International taxation authorities in connection with any matters arising out of withholding tax on foreign remittances
- Assistance on payment of Withholding Taxes on purchase of property by Non- Resident