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RE:RE:Income Tax Liability
by
Jagdish Nagdev
on Apr 29, 2007 12:19 PM
Dear Sir
I wish to clarify here fuether that if income is transfered to Indian a/c by the subsidiary co. in foriegn currency the same will be exempted from being taxed. If the local co. tranfer the salary here in INR the same will be taxed.
Regards
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The above message is part of the Discussion Board:
All these incomes are tax-free