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Payment to a u.k. company for know how transfer

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 October 2015 Wish to introduce a product in local market based on Technology transfer and Tech support by a foreign company with proper agreement and remittance to be sent on sharing of profit of the product sales in india after due deduction of Tax at Source.Is it O.K.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
26 October 2015 It is O.K...........

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