TO CARRY SPARE PARTS WHILE TRAVELLING

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..... TO CARRY SPARE PARTS WHILE TRAVELLING
Query (Issue) Started By: - SURYAKANT MITHBAVKAR Dated:- 21-1-2011 Last Reply Date:- 21-1-2011 Income Tax
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Income Tax
Our technician carr .....

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..... y some spare parts while travelling aboard for installation/service purpose. While doing installation technician has use that spare parts and customers paid for that in US Dollars can we book that US .....

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..... Doller in our books showing export sale of Spare and deposit in Bank whereas no evidence available to show export like shipping bill, etc. kindly give us advice under INCOMT TAX LAW Reply By natesan .....

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..... rajendiran: The Reply: Under Income tax law taxability depends on the residential status of a person.You have not mentioned the residential status.Moreover you must also mention about your business c .....

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..... onnection,agreement for execution of works contract if any etc.For payment connections one should also keep in mind FEMA provisions.
Discussion Forum - Knowledge Sharing .....

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