TMI BlogImplication of FEMA and other Acts for to open a Product Development Centre outside India.X X X X Extracts X X X X X X X X Extracts X X X X ..... Hi, We want to open a Product Development Centre outside India, it only involve costs like -Manpower Cost (Salaries and Reimbursements) - Rental Cost for Office - Misc Admin Costs The office does not ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... generate any kind of revenue. Pls advise implication of FEMA and other Acts for this nature of transaction as we will be required to remit money for this. Regards - Reply By Anuj Gupta - The Reply = ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... You are permitted by FEMA to do the activity you are planning to do.Your only requirement is to intimate the AD for such transaction . Regarding implication under the Income Tax Act you need to spec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ify in detail the exact nature of transactions to be done by Product Development Centre outside India. - Reply By Anuj Gupta - The Reply = You are permitted by FEMA to do the activity you are planning ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to do.Your only requirement is to intimate the AD for such transaction . Regarding implication under the Income Tax Act you need to specify in detail the exact nature of transactions to be done by P ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... roduct Development Centre outside India. - Implication of FEMA and other Acts for to open a Product Development Centre outside India. - Query Started By: - LAVA INTERNATIONAL LTD LAVA INTERNATIONAL ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... LTD Dated:- 12-5-2010 FEMA - Foreign Exchange Management - Got 2 Replies - FEMA - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagemen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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