Transfer by way of Sale of Shares Involving Write

Transfer by way of Sale of Shares Involving Write - off https://www.taxtmi.com/acts?id=2103 Regulation 17 permits a listed Indian party to write-off a shortfall between invested value and sale price in an overseas JV or WOS if the difference does not exceed the percentage of its prior year export realisation approved by the Reserve Bank; where the shortfall exceeds that approved percentage, the Indian party must seek Reserve Bank permission to write-off the capital, which may be granted subject to conditions. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 20 Jun 2025 11:15:00 +0530 TaxTMI RSS Generator Transfer by way of Sale of Shares Involving Write - off https://www.taxtmi.com/acts?id=2103 Regulation 17 permits a listed Indian party to write-off a shortfall between invested value and sale price in an overseas JV or WOS if the difference does not exceed the percentage of its prior year export realisation approved by the Reserve Bank; where the shortfall exceeds that approved percentage, the Indian party must seek Reserve Bank permission to write-off the capital, which may be granted subject to conditions. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2103