We at Ferry Dhiman & Co. have wide and clear focus on International taxation arising due to international transactions of goods and services. In India taxation is based on double taxation avoidance with the countries having double taxation treaties such as with UK, America, Australia and Canada. Broadly speaking, business income of a foreign company or other non-resident person is chargeable to tax to the extent it accrues or arises through a business connection in India or from any asset or source of income located in India, and to the extent such income is attributable to the operations carried out in India. Income in the nature of salary is taxable in India if it is earned for services rendered in India. Income in the nature of interest, royalty and fees for technical services is taxable in India, if such income is received from the Government; or from a person resident in India except where such income is connected with a business or profession carried on outside India or with any other source of income outside India. Income in the nature of interest, royalty and fees for technical services received from a non-resident is also taxable in India if it is connected with a business or profession carried on in India or with any other source of income in India.

Countries with which double tax treaties exists :

We Have international teams and tie-ups with other countries to handle international taxation matters.