https://www.taxtmi.com/forum/issue?id=117871 Redemption of non-convertible preference shares issued to an overseas investor before a later legal change raises reporting questions to the central bank. Allotment reporting via FC-GPR within the prescribed timeline is identified as clear, but there is uncertainty whether redemption of pre-change issues requires central bank reporting or is affected by the subsequent debt characterisation. en-us Thu, 24 Mar 2022 16:19:54 +0530 Thu, 23 Jan 2025 15:54:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117871 Redemption of non-convertible preference shares issued to an overseas investor before a later legal change raises reporting questions to the central bank. Allotment reporting via FC-GPR within the prescribed timeline is identified as clear, but there is uncertainty whether redemption of pre-change issues requires central bank reporting or is affected by the subsequent debt characterisation. Discussion-Forum FEMA Thu, 24 Mar 2022 16:19:54 +0530 https://www.taxtmi.com/forum/issue?id=117871