https://www.taxtmi.com/acts?id=20768 Remittance of closure assets or winding-up proceeds by a branch office or liaison office requires an application to the concerned authorised dealer with establishment permission where applicable, an auditor's certificate, confirmation of no pending legal proceedings or impediment, and a winding-up compliance report. The auditor must verify computation and disposal of assets, settlement or provision of Indian liabilities and employee benefits, repatriation of outside income and export proceeds, and regulatory compliance. Permission remains subject to applicable directions. en-us Thu, 07 Apr 2016 11:54:52 +0530 Tue, 08 Sep 2026 18:09:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20768 Remittance of closure assets or winding-up proceeds by a branch office or liaison office requires an application to the concerned authorised dealer with establishment permission where applicable, an auditor's certificate, confirmation of no pending legal proceedings or impediment, and a winding-up compliance report. The auditor must verify computation and disposal of assets, settlement or provision of Indian liabilities and employee benefits, repatriation of outside income and export proceeds, and regulatory compliance. Permission remains subject to applicable directions. Act-Rules FEMA Thu, 07 Apr 2016 11:54:52 +0530 https://www.taxtmi.com/acts?id=20768