If an entity did not receive FDI or made overseas investment in any of the previous year(s) including the current year, do we need to submit the FLA return?

If an entity did not receive FDI or made overseas investment in any of the previous year(s) including the current year, do we need to submit the FLA return? https://www.taxtmi.com/manuals?id=6002 Filing the Annual Return on Foreign Liabilities and Assets (FLA) under FEMA 1999 is not required where an Indian entity has no outstanding inward or outward FDI as on the end March date of the reporting year, thereby exempting entities without any outstanding foreign liabilities or assets at year end from the annual filing obligation. en-us Thu, 28 Nov 2024 14:21:00 +0530 Thu, 28 Nov 2024 14:21:00 +0530 TaxTMI RSS Generator If an entity did not receive FDI or made overseas investment in any of the previous year(s) including the current year, do we need to submit the FLA return? https://www.taxtmi.com/manuals?id=6002 Filing the Annual Return on Foreign Liabilities and Assets (FLA) under FEMA 1999 is not required where an Indian entity has no outstanding inward or outward FDI as on the end March date of the reporting year, thereby exempting entities without any outstanding foreign liabilities or assets at year end from the annual filing obligation. Manuals FEMA Thu, 28 Nov 2024 14:21:00 +0530 https://www.taxtmi.com/manuals?id=6002