Dear Friends,
With respect to FLA return of RBI can anybody clarify me on followg:
1.Whether in this return we need to mention only Repat shares.
2. In a Pvt ltd. company we had trasferred 100 shares to NRI family member and consideration was in rupees..So whether I need to file FLA return with RBI for such company as NRI is hldg share after transfer.
3. Whether this form is to be filed for Pvt Ltd. Companies also having 10 or 100 shares with NRI not alloted though FDI.
Pl help me urgently as the FLA has to be filed before 15/07/2013.
Regards
Varsha
CAclubindia
