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Books of accounts and financials in USD, Income Tax

Issue Id: - 108999
Dated: 6-8-2015
By:- Velayutham Panchatcharam

Books of accounts and financials in USD


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I am working in MNC located in SEZ which is branch of foreign company and reporting currency is rupees. Please advice somebody whether we can maintain books and financials in USD to report to Income tax, ROC and other statutory bodies.

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