https://www.taxtmi.com/forum/issue?id=5205 A subsidiary Indian company proposes to bear hospitality expenses for an NRI employee of its foreign holding company visiting India and to book those expenses in its Indian books without reimbursement. The preliminary advisory view stated that if the expenses are incurred in India and involve no foreign exchange outflow, FEMA does not prescribe restrictions or conditions on such payments, though this view was noted as preliminary and no definitive tax analysis was provided. en-us Fri, 18 Jan 2013 13:52:50 +0530 Thu, 23 Jan 2025 15:57:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5205 A subsidiary Indian company proposes to bear hospitality expenses for an NRI employee of its foreign holding company visiting India and to book those expenses in its Indian books without reimbursement. The preliminary advisory view stated that if the expenses are incurred in India and involve no foreign exchange outflow, FEMA does not prescribe restrictions or conditions on such payments, though this view was noted as preliminary and no definitive tax analysis was provided. Discussion-Forum FEMA Fri, 18 Jan 2013 13:52:50 +0530 https://www.taxtmi.com/forum/issue?id=5205