Whether, any assets or liabilities for Indian party (i.e. domestic assets and liabilities) are to be included in the FLA return?

Whether, any assets or liabilities for Indian party (i.e. domestic assets and liabilities) are to be included in the FLA return? https://www.taxtmi.com/manuals?id=6025 Domestic assets and liabilities are not to be reported in the Annual Return on Foreign Liabilities and Assets (FLA); this exclusion applies even if the domestic asset or liability is denominated in foreign currency. en-us Thu, 28 Nov 2024 14:31:00 +0530 Thu, 28 Nov 2024 14:31:00 +0530 TaxTMI RSS Generator Whether, any assets or liabilities for Indian party (i.e. domestic assets and liabilities) are to be included in the FLA return? https://www.taxtmi.com/manuals?id=6025 Domestic assets and liabilities are not to be reported in the Annual Return on Foreign Liabilities and Assets (FLA); this exclusion applies even if the domestic asset or liability is denominated in foreign currency. Manuals FEMA Thu, 28 Nov 2024 14:31:00 +0530 https://www.taxtmi.com/manuals?id=6025