If the old/new entity fails to fill the FLA form before the due date, can the entity submit the FLA form?

If the old/new entity fails to fill the FLA form before the due date, can the entity submit the FLA form? https://www.taxtmi.com/manuals?id=5999 Entities required to file the Annual Return on Foreign Liabilities and Assets (FLA) may submit the return after the prescribed due date provided they obtain prior approval from the Reserve Bank; such post due submissions remain subject to penalty exposure for delayed filing. en-us Thu, 28 Nov 2024 14:20:00 +0530 Thu, 28 Nov 2024 14:20:00 +0530 TaxTMI RSS Generator If the old/new entity fails to fill the FLA form before the due date, can the entity submit the FLA form? https://www.taxtmi.com/manuals?id=5999 Entities required to file the Annual Return on Foreign Liabilities and Assets (FLA) may submit the return after the prescribed due date provided they obtain prior approval from the Reserve Bank; such post due submissions remain subject to penalty exposure for delayed filing. Manuals FEMA Thu, 28 Nov 2024 14:20:00 +0530 https://www.taxtmi.com/manuals?id=5999