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=6123 Reporting obligations for the Annual Return on the Foreign Liabilities and Assets (FLA Return) exclude any domestic assets and liabilities; such domestic items need not be included even where denominated in a foreign currency, so only cross-border or foreign-sourced liabilities and assets fall within FLA reporting scope. en-us Fri, 29 Nov 2024 14:11:00 +0530 Fri, 29 Nov 2024 14:11:00 +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=6123 Reporting obligations for the Annual Return on the Foreign Liabilities and Assets (FLA Return) exclude any domestic assets and liabilities; such domestic items need not be included even where denominated in a foreign currency, so only cross-border or foreign-sourced liabilities and assets fall within FLA reporting scope. Manuals FEMA Fri, 29 Nov 2024 14:11:00 +0530 https://www.taxtmi.com/manuals?id=6123