Hi,
Is company required to file FC GPR in case of first allotment of shares when the foreign investor is subscriber to MOA and the funds are recieved at the incorporation of the company.
2 Replies
CA.Tarun Maheshwari
(CA, DISA)
(7150 Points)
Replied 11 December 2009
As per my knowledge, it must be filed, because in the form itself, it ask whether its an existing company or new company. It means, new companies are also required to file the FC GPR form.
Amol Gopal Kabra (CA,CS,DISA)
(Practicing CA)
(8539 Points)
Replied 13 December 2009
The form FC-GPR has to be filed even in case of first allotment.
Recent Topics
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
Related Threads
CAclubindia
