web_india - 1:26 pm on Apr 16, 2005 (gmt 0)

any foreign money earned in USD currency, whatever the amount is, deducting the expenses (like hosting fee etc,) is tax exempted.

I think this is true only if you have an import-export number not otherwise.

I agree with sunandoghosh here

my advise would be just ask ur lawyer to be very specific and cite the section under which he is basing his opinion.