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    FLA Returns Issue

    Posted By : Sachin / Published on : 14-Jul-2022 11:12 AM / View : 132 / Comment : 0

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    Hello,

    Fla return query. In case direct investment by Indian co, then we fill foreign asset schedule. What if that foreign subsidiary is under liquidation and prepared financial till 30.9.21. Whether to show in foreign asset schedule as RBI permission is not raced for amount of investment to b write off in Indian co books
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