FEMA Circular on valuation of shares!!!
This query is : Resolved
22 July 2010
Dear Experts,
After much search i got the Circular no.49 issued by RBI dated May 4, 2010 in which there are guidelines for transferring shares held by closely held company by a non-resident individual to resident as per Discounted Free Cash Flow method.
Whereas it has been claimed by some other auditors that another Circular has been issued. If that is true please give me the link so that i can view and value the shares as per the latest guidelines.
With regards,
Rajesh.
After much search i got the Circular no.49 issued by RBI dated May 4, 2010 in which there are guidelines for transferring shares held by closely held company by a non-resident individual to resident as per Discounted Free Cash Flow method.
Whereas it has been claimed by some other auditors that another Circular has been issued. If that is true please give me the link so that i can view and value the shares as per the latest guidelines.
With regards,
Rajesh.
27 July 2010
I have not been able to trace such circular. Will try to locate.
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?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- RCM INVOICING FROM NOV-2024
- Confusion around Form 26QB fields
- Tds on building rent monthly
- Sale of property furniture sale
- Applicability of Tax audit u/s 44AB of income tax act, 1961
- Question about eligibility for tax rebate u/s 87A
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- GST Regis.
- IGST Credit-Show cause notice issued-confusion
Trending Online Classes
CAclubindia
