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    User ID in case of FCTRS

    Posted By : CS Shiriti / Published on : 22-Sep-2021 06:06 AM / View : 302 / Comment : 0

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    Dear Folks ,

    Kindly help with the below query for filing FC-TRS:

    An Indian Company (A Ltd.) is required to file Form FC-TRS for transfer of shares of Two different Investee Companies (M Ltd. and N Ltd.) to non-resident company.

    Both the Investee Companies (M Ltd. and N Ltd.) have registered as Entity User.

    Kindly let me know whether A Ltd. is required to register itself as Business User separately for M Ltd. and N Ltd.
    Read more on : fctrs case user

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