I'd like to know if a delivery to a Buyer made in Mumbai against a £ LC qualify as Export income? If you Also would such income be Tax free in the hands of the proprietary Firm??
Narendr K (7 Points)
30 March 2017I'd like to know if a delivery to a Buyer made in Mumbai against a £ LC qualify as Export income? If you Also would such income be Tax free in the hands of the proprietary Firm??
sivabommakanti
(CA - Tax Consultant)
(267 Points)
Replied 30 March 2017
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