SS13 Holds & Fillings on 132 - Page 52

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TanjoreGirl thumbnail
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Posted: 10 years ago

Originally posted by: blue5sky


Tax equalization sweetheart!! The company pays for that too.


asma -- u from this field?
Ashu25 thumbnail
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Posted: 10 years ago

Originally posted by: TanjoreGirl

aaj taxes pe uthar aye 😆 ok this field my knowledge is -infinity 😃
gosh seriously this is really cute..
@swaram today u and me are total sync 😃

@taramira this is what happens when she ends each update on a cliff hanger ..
so me at work cant get rid of the tab and keep refreshing and typing like a crazed person whenever i get a chance i have even quit going for coffee breaks 😆




Anu...I am reading up tax equalisation and double taxation now...
SOSY kya kya karwa raha hai mujhse...
Isi bahane mera ek chapter toh complete ho jayega 🤣
swathi1990 thumbnail
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Posted: 10 years ago
ofcourse he has to pay taxes in India...FOr whatever income he is making from excelsior, he will have to pay for that...
In fact even people who work in U.S sometimes end up paying taxes in India as well if you invest money in India...FOr example, if you get a house in India and rent it , then that income is taxable...


Note: Not very knowledgable with taxes...Just my experience with paying on both the places...
Edited by swathi1990 - 10 years ago
Ashu25 thumbnail
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Posted: 10 years ago

Originally posted by: swathi1990

ofcourse he has to pay taxes in India...FOr whatever income he is making from excelsior, he will have to pay for that...

In fact even people who work in U.S sometimes end up paying taxes in India as well if you invest money in India...FOr example, if you get a house in India and rent it , then that income is taxable...

I know this part...
I was talking about double taxation...
Regarding AG...He has no profit emanating from India WRT AG...
Exel...He pays only when he works...like since 4 months...counted under this financial year...errr the prev (Considering today as the start of a new financial year 😆 )
blue5sky thumbnail
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Posted: 10 years ago

Originally posted by: Ashu25

Which company ??
He works for two companies...
He has shares in both of them...
The greater share wala pays ?? Then it has to be AG,





These questions are DUMB.
He owns the company in Paris...Does NOT produce profits in India hence no tax payment in India.
I dont know about Exelsier though


AG and Ex you mean?
AG he pays ( rather AG Pays)
Ex - I do remember a spat between II and RnB where she talks hinting ' baniya ki dhukkan' type corporate culture. RnB snaps back saying that unlike KMPG they have never had to lay off a single employee in 30 years.
Agar aisa hai toh - business family owned hai..shaayad SPV hoga..lot of loose ends for guys like chachu to fly under the radar and ferret away money!
Aur RnB NRI bhi to hoga- toh he will be taxed only on Indian income. That he probably never touches and shaayad SPV may hi hoga.

My domain knowledge is not updated. Galat hai to please goli mat maro!! 😆😆

Yeh sab chod chadke ab main kuch aur karti hoon.

swathi1990 thumbnail
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Posted: 10 years ago

Originally posted by: Ashu25

I know this part...
I was talking about double taxation...
Regarding AG...He has no profit emanating from India WRT AG...
Exel...He pays only when he works...like since 4 months...counted under this financial year...errr the prev (Considering today as the start of a new financial year 😆 )


No he is a shareholder of EX... SO obviously he has to pay taxes for the income as a shareholder..
Ashu25 thumbnail
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Posted: 10 years ago

Originally posted by: swathi1990


No he is a shareholder of EX... SO obviously he has to pay taxes for the income as a shareholder..

Company pays 😆
yeah meagre shares to my knowledge...cause its a family business ...And the profits emanating are taxable...
I missed that point...
I was only seeing him as an employee of the company as he always says... So calculated the number of months he was visibly employed and said salary se hi kategi 😆😆
Edited by Ashu25 - 10 years ago
Ashu25 thumbnail
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Posted: 10 years ago

Originally posted by: blue5sky


AG and Ex you mean?
AG he pays ( rather AG Pays)
Ex - I do remember a spat between II and RnB where she talks hinting ' baniya ki dhukkan' type corporate culture. RnB snaps back saying that unlike KMPG they have never had to lay off a single employee in 30 years.
Agar aisa hai toh - business family owned hai..shaayad SPV hoga..lot of loose ends for guys like chachu to fly under the radar and ferret away money!
Aur RnB NRI bhi to hoga- toh he will be taxed only on Indian income. That he probably never touches and shaayad SPV may hi hoga.

My domain knowledge is not updated. Galat hai to please goli mat maro!! 😆😆

Yeh sab chod chadke ab main kuch aur karti hoon.

Aap sahi hain...
I have my facts clear...😆
ishruhi thumbnail
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Posted: 10 years ago
good!so todays class is on income tax.like yestetday,my knowledge n experience is zero!so should read what you are discussing!
SparkleV thumbnail
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Posted: 10 years ago
R&B present over there...Dreamy...!!!
Just loved each n every word... R&Bs actions defines his possessiveness..!!
Pity on iyer... Ab kyaaa hogaa uskaa. . 🤣
Salute to the Creativity of urs... which never bored me... and left me surprised after every update..
All is Perfect over here just bcoz of u NiSHA ❤️
Edited by vibhutii - 10 years ago

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