Fema act
This query is : Resolved
11 October 2011
Respected Sir,
Some of Non Residnet person has aplied for share capital in ABC Ltd. as under:-
Mr. A on 17.10.2008, Rs. 67,50,000/- INR
Mr B on 19.12.2008 Rs. 52,00,000/-
Mr C on 19.12.2008 Rs. 51,00,000/-
The Company has kept the above amount in share premium A/c and now
desire to allot shares. What formalities is required to be completed
. Please advise
*N. Patidar & Co
Chartered Accountants
1, Balaji Market, Kamal Chowk
NEEMUCH (M.P.) 458441
Mobile 09425106735 9425923135*
Some of Non Residnet person has aplied for share capital in ABC Ltd. as under:-
Mr. A on 17.10.2008, Rs. 67,50,000/- INR
Mr B on 19.12.2008 Rs. 52,00,000/-
Mr C on 19.12.2008 Rs. 51,00,000/-
The Company has kept the above amount in share premium A/c and now
desire to allot shares. What formalities is required to be completed
. Please advise
*N. Patidar & Co
Chartered Accountants
1, Balaji Market, Kamal Chowk
NEEMUCH (M.P.) 458441
Mobile 09425106735 9425923135*
14 October 2011
Kindly check whether the money has come on repatriation basis or non repatriation basis.
Anuj
+91-9810106211
femaquery@gmail.com
Anuj
+91-9810106211
femaquery@gmail.com
16 January 2012
Money has come on non repatriation basis
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Should I report my US salary for January, February, March in Schedule FA?
- RCM INVOICING FROM NOV-2024
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
