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Income from foreign

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 May 2012 Dear Sir,

A Company earning income from outside india from technical support services.......
lets say 300000 per month....

Is there any approval required or is there any tax consequence or FEMA
Applicability?

Pls guide?
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taxindiaconnect

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taxindiaconnect (Expert)
15 May 2012 The transactions seems to be clean and is taxbale in India as income from business Under Imcome tax Act.

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