TMI BlogAnnual Return on Foreign Liabilities and Assets Reporting by Indian CompaniesX X X X Extracts X X X X X X X X Extracts X X X X ..... Attention of Authorised Dealer Category I banks is invited to A.P. (DIR Series) Circular No.133 dated June 20, 2012 which stipulated that all Indian companies which have received FDI and/or made FDI abroad (i.e. overseas investment) in the previous year(s) including the current year, should file the annual return on Foreign Liabilities and Assets (FLA) in the soft form which can be duly fil ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... native investment funds (AIF) registered with the Securities and Exchange Board of India (SEBI) as also the reporting of foreign investment in the form of capital/profit share contribution received/transferred in case of LLPs and investment by persons resident outside India in an investment vehicle and as defined in Foreign Exchange Management (Transfer or issue of security by a person resident o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... here all reporting entities are required to provide information on FATS related variables (it was mandatory only for subsidiary companies earlier). In addition, the revised form seeks information on first year of receipt of FDI/ODI and disinvestment. c. Reporting entities will get system-generated acknowledgement receipt upon successful submission of the form. d. They can revise ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ections 10(4) and 11(1) of the Foreign Exchange Management Act (FEMA), 1999 (42 of 1999) and are without prejudice to permissions / approvals, if any, required under any other law. Yours faithfully, (R K Moolchandani) Chief General Manager - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia ..... X X X X Extracts X X X X X X X X Extracts X X X X
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