TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Foreign Companies with Share Capital Must Submit Financials to Indian Registrar Under Section 594 of Companies Act, 1956</h1> The notification outlines exceptions and modifications to sub-section (1) of section 594 of the Companies Act, 1956, applicable to foreign companies with share capital. Foreign companies must submit their Indian business's balance sheet and profit and loss account to the Registrar, showing working capital and audited financials. They must also provide copies of financial documents submitted in their country of incorporation. The government can request clarifications if discrepancies arise. Special provisions apply to foreign shipping and airlines companies, and private foreign companies can restrict access to their financial documents. Compliance with older regulations is acceptable for certain periods.
TaxTMI 
TaxTMI 
