10 February 2016
Lets start with example a company name "A"(USA) have reimburse the expenses of "B" (India) in FY 2012-2013. which is outstanding as balance in balance sheet of "B" amounting to 15 lakh till FY 2015-2016 . Relation between "A" nd "B" is holding and subsidary i.e. A is Holding. In the balance of last year a notes is shown that it is non compliance of FEMA . Also there is no reporting to RBI .
Should we make the payment or what should we do ? Also there is non compliance of FEMA then How?
13 February 2016
Well Sir... first of all Pls clear that such reimbursement is under TP or not ?? TP stands for Transfer Pricing.... ~ Rahul Magan ( 91-9899242978 )
CAclubindia
