INCOME TAX

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Muthu Aravind (Querist)
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05 July 2008 IF FORIENG INVESTMENT TOWARDS A INDIAN COMPANY , WHICH RATE WE SHOULD APPLY TO ACCOUNT IN OUR BOOKS?WHETHER BANK RATE OR CUSTOMS RATE?

CA. A. Kumar (Expert)
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05 July 2008 BANK RATE ON THE DATE OF TRANSCTION

Muthu Aravind (Querist)
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05 July 2008 BUT OUR CLIENT TOOK ONLY ON CUSTOM RATE AND ACCOUNTED IT? is there any problem? pls explain

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