Hi Friends,
It will be very helpful for me if you can answer following query with reference of law / circulars:
One foreign company has invested in domestic Indian Company through subscripttion of equity share capital. Whether this investment can be treated as Investment on Non-repatriation basis? Whether FLA return has to be filed for the same?
https://docs.google.com/document/d/1bXeLC1wxwprwlByht8KZY1TyQphJawlxvLmOmfG3vyE/edit?usp=sharing
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CAclubindia
