FEMA ACT
This query is : Resolved
SURABHI GUPTA
(Querist)
07 November 2019
Does FEMA act applies on pvt. ltd co. having foreign contribution ...in case of transfer of shares ?
CA R SEETHARAMAN
(Expert)
07 November 2019
Reporting requirements are there.
SURABHI GUPTA
(Querist)
08 November 2019
sir, Indian director of PRIVATE LTD CO. has transfered his shares to another director of same company ...such pvt. co. is doing business of export .
where we have to report and what all documents ?
where we have to report and what all documents ?
CA R SEETHARAMAN
(Expert)
08 November 2019
In such a case FEMA reporting not required as no foreign currency involved in transfer of shares.
SURABHI GUPTA
(Querist)
08 November 2019
THANK U SIR FOR REPLY.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- Working on Gold wastage during Melting of old gold jewellery
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Gift to nri relatives residing in usa
- GST input credit on commercial property
- ETDS return q4 25-26
- Section 269ST applicability for capital introduced by partner to his partnership firm
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
