Can BO/PO/LO have one more account with another AD bank (Agency bank for tax payment) for statutory payments when the AD with whom the account is maintained is not the agency bank?

Can BO/PO/LO have one more account with another AD bank (Agency bank for tax payment) for statutory payments when the AD with whom the account is maintained is not the agency bank? https://www.taxtmi.com/manuals?id=6368 Under FEMA guidance, liaison, branch, and project offices of foreign entities in India may maintain one additional account with another authorized dealer bank to act as the agency bank for statutory payments when their primary authorized dealer is not the designated agency bank. en-us Tue, 10 Dec 2024 14:35:00 +0530 Tue, 10 Dec 2024 14:35:00 +0530 TaxTMI RSS Generator Can BO/PO/LO have one more account with another AD bank (Agency bank for tax payment) for statutory payments when the AD with whom the account is maintained is not the agency bank? https://www.taxtmi.com/manuals?id=6368 Under FEMA guidance, liaison, branch, and project offices of foreign entities in India may maintain one additional account with another authorized dealer bank to act as the agency bank for statutory payments when their primary authorized dealer is not the designated agency bank. Manuals FEMA Tue, 10 Dec 2024 14:35:00 +0530 https://www.taxtmi.com/manuals?id=6368