https://www.taxtmi.com/manuals?id=6116 Compulsorily convertible debentures and compulsory convertible preference shares must be excluded from paid-up capital in the FLA return. If held by a non-resident direct investor who also holds equity, these instruments are reported in the other capital component of the FDI/DI entry in Section III according to the investor's equity percentage. If a non-resident holds only CCDs at the reporting date, they are to be reported as portfolio investment in India (item 2.2 of Section III). en-us Fri, 29 Nov 2024 13:18:00 +0530 Fri, 29 Nov 2024 13:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=6116 Compulsorily convertible debentures and compulsory convertible preference shares must be excluded from paid-up capital in the FLA return. If held by a non-resident direct investor who also holds equity, these instruments are reported in the other capital component of the FDI/DI entry in Section III according to the investor's equity percentage. If a non-resident holds only CCDs at the reporting date, they are to be reported as portfolio investment in India (item 2.2 of Section III). Manuals FEMA Fri, 29 Nov 2024 13:18:00 +0530 https://www.taxtmi.com/manuals?id=6116