30 May 2017
Rule 114E does not distinguish between the shares issued to parent company or other company. The issuing company has to furnish Form 61A for receipt from any person if the aggregate amount is INR 10 lacs.
30 May 2017
Foreign company does not have Indian PAN & PAN no is mandatory for form 61A. Other option is to enter Form 60 Acknowledgment But form 60 is applicable for other than Firm & Company.
30 May 2017
Foreign company does not have Indian PAN & PAN no is mandatory for form 61A. Other option is to enter Form 60 Acknowledgment But form 60 is applicable for other than Firm & Company.
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