Jain Shrimal & Co.

Jain Shrimal

International Business Transactions (Part-3)!!

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Saturday International Tax Gyan!! (SITG-189) #taxinpic #taxmadeeasy We have come across various transactions, wherethe Indian entities/ persons make reimbursement payment to the foreign entitieswho have made payment on behalf of such resident entities, however there arevarious nuances involved regarding whether such transactions shall beconsidered as ‘reimbursement’ or shall be taxable. Therefore, in today’s edition of …

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