Statutory compliances

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 November 2014 An Indian company is having a wholly owned subsidiary in Singapore. The subsidiary company is basically procuring Raw Materials locally and supplying to Holding Company. What are the Statutory Compliances to be adhered by the Holding Company under the various Acts (FEMA, Companies Act, Income Tax Act, etc) monthly / annually ? Kindly reply.

CA CHIRAG DOSHI

CA CHIRAG DOSHI (Expert)
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14 November 2014 You have to comply with custom Act, :
import bill, bill of lading, shipping bill, certificate report etc,

Income tax Act: have to disclose of international taxation, method you have complied with

Companies Act: Related party transaction

CA Chirag Doshi & Co.
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