07 September 2012
If a Limited Company registered in India, wants to open a bank A/c in a country other than India to receive its revenue from operations in that respective country, are there any restrictions or implications imposed on it by provisions of Income Tax Act?
08 September 2012
AND IF IT WANTS TO OPEN BANK ACCOUNT IN THAT COUNTRY JUST TO RECEIVE THE EARNINGS FROM FROM OPERATIONS IN INDIA?
EX: A LTD CO. IS RUNNING A CALL CENTRE IN INDIA FOR A BUSINESS HOUSE IN AMERICA AND IT WANTS TO OPEN A BANK ACCOUNT IN AMERICA TO RECEIVE THE REVENUE, THEN ASLO THERE ARE NO RESTRICTIONS?
CAclubindia
