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

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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.

26 October 2015 It is O.K...........


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