I am Manjunath I have some doubt about foreign fund One of my client register his company in Spain & also india Same company name But director is different. This is basical software company Spain company is main office indian company software develop & rendering service but not raise the invoice to spain company just make a mail to spain company they have release the money to indian company eg (any other exepenses like overhead exp ,salary ) after they have received fixed amount from spain company for consultation charges. so we have totally confuse.i don,t know how to treat the account please reply as soon as possible this is my humble request.
CAclubindia
