We are a subsidiary of USA Co. We are coordinating cinema on OTT platform and earn forex thru parent Co. How to distribute earnings between parent and subsidiary and what FEMA / INCOME TAX provisions are to be complied with .please guide.
Jayanta Bandyopadhyay (238 Points)
30 May 2022We are a subsidiary of USA Co. We are coordinating cinema on OTT platform and earn forex thru parent Co. How to distribute earnings between parent and subsidiary and what FEMA / INCOME TAX provisions are to be complied with .please guide.
CA Aakarsh Jain
(CA)
(10249 Points)
Replied 30 May 2022
Jayanta Bandyopadhyay
(238 Points)
Replied 31 May 2022
Kindly help
bandyopadhyaykumarjayanta @ gmail.com
Rgds
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