Our company purchase foreign currency from forex dealer, & use this currency by our employee for visiting abroad country for business work.
Can TCS applicable for foreign currency
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TCS on forex
Replies (4)
Quick Summary
TCS is not typically applicable to foreign currency purchases for business travel.
Suppose we remitted foreign currency through bank to our foreign party service provider , then is it apply
I am still not very good at Forex trading. What is TCS? I would be interested to hear specialists on this matter. I always believe it is important to rely only on verified information obtained from experienced experts. I am currently doing the same by studying various strategies. I found that Owen Jenkins explained copy trading very clearly in the article here https://investorshangout.com/what-is-copy-trading-how-to-do-it-right-18523-/, a strategy that can be more than effective in Forex if learned to apply correctly. In general, I believe that by learning to use strategies, excellent results can be achieved. I am in the process!
Appreciate the detailed explanation. Makes sense now! URL
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