Hello Experts... Kindly help me out
For annual return filing with RBI, I have the following query:-
A wholly owned foreign subsidiary incorporated in January 2011. The company has received Capital money in July 2011.By the end of the period ended 31st March the paid capital is NIL.
Do we need to file annual return with RBI on accrual or recievable basis… i.e. Nil return.
Thanks,
Regards
JJ
What was the source and date of remittance?
We recieved it from our client in US and on 30th July,2011
Malhotra Rajesh & Associates
New Delhi
B.Com
View Details
CA Suraj Garg & Associates
New Delhi
CA Final
View Details
AJAY SINGH AND CO LLP
Thane
CA Final
View Details
CCI
Pro
CAclubindia
