A Private Limited COmany was incorporated and one of its subscriber is a NRI. So is it necessary to obtain RBI approval a the time of receiving the subscripttion amount.??
Priya Sharma
1 Replies
Aalhad Mahabal
(Student)
(50 Points)
Replied 04 January 2010
yess,
approvals and declarations under FEMA- RBI will be attracted in such cases.
Recent Topics
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- Where can I find a trusted provider to hire a skip
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
Related Threads
CAclubindia
