Trade Receipt by branch in India on behalf of Foreign Head Office

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... A foreign company undertook consultancy work for a Govt Company. It then opened a branch office i India and obtained PAN. The Govt company made payment to Indian branch in Rupees and deducted tax at s .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ource. Is this in compliance of FEMA/RBI guidelines? - Reply By CA Rachit Agarwal - The Reply = In our opinion receipt at the Indian Branch invoiling payment in Indian Rupees would not involve .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the compliance of RBI/FEMA. - Trade Receipt by branch in India on behalf of Foreign Head Office - Query Started By: - Bakul Gandhi Dated:- 7-11-2011 FEMA - Foreign Exchange Management - Got 1 Reply .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... - FEMA - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X