If non-resident shareholders of an entity have transferred their shares to the residents during the reporting period, then whether that entity is required to submit the FLA return?

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..... Foreign Liabilities and Assets (FLA) under FEMA 1999 - As on Nov 14, 2022 - FEMA - FAQ
FEMA
Ans: If all non-resident shareholders of an entity have transferred their shares to the residents dur .....

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