Sale proceeds received and spent in foreign bank account

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..... Hi All, Need your guidance on the below issue: A software company has a branch office in USA for sales and marketing. The USA branch office holds a bank account for payment of salaries and other exp .....

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..... enses. The company received payments from customers in to the foreign bank account. The company used a small portion of such receipts towards salaries and other expenses in USA. Please let me know .....

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..... the implications under FEMA since the export proceeds were used in USA without bringing the money in to India. - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = Your query is to be elaborative stil .....

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..... l more. Whether the customers are Indian customers. Whether the services of foreign branch office are rendering in India? - Sale proceeds received and spent in foreign bank account - Query Started .....

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..... By: - chandrashekar Mahadevappa Dated:- 25-10-2018 FEMA - Foreign Exchange Management - Got 1 Reply - FEMA - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Mana .....

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..... gement India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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