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    query on NFRA-1

    Posted By : CS Shiriti / Published on : 20-Jul-2019 01:03 PM / View : 395 / Comment : 0

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    Hi All,

    I have a query on NFRA-1.

    Request your views:


    For the purpose of computation of net worth/income of foreign subsidiary, do we need to assess the consolidated income or networth basis the ultimate holding company/immediate holding company or both?


    Regards,
    Suman

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