If the overseas subsidiaries/ joint venture company’s accounting period is different from the reference/reporting period (i.e. April-March) in the Return, then what information should we furnished in Section IV?

If the overseas subsidiaries/ joint venture company’s accounting period is different from the reference/reporting period (i.e. April-March) in the Return, then what information should we furnished in Section IV? https://www.taxtmi.com/manuals?id=6125 Companies must report outstanding external liabilities and assets as of end March for the previous and latest year in the Annual Return on foreign liabilities and assets. If an overseas subsidiary's or joint venture's accounting period differs from the reference end March date, the required end March figures must be furnished on an internal assessment basis, by internally adjusting or estimating the overseas entity's positions as of end March for the Return. en-us Fri, 29 Nov 2024 14:12:00 +0530 Fri, 29 Nov 2024 14:12:00 +0530 TaxTMI RSS Generator If the overseas subsidiaries/ joint venture company’s accounting period is different from the reference/reporting period (i.e. April-March) in the Return, then what information should we furnished in Section IV? https://www.taxtmi.com/manuals?id=6125 Companies must report outstanding external liabilities and assets as of end March for the previous and latest year in the Annual Return on foreign liabilities and assets. If an overseas subsidiary's or joint venture's accounting period differs from the reference end March date, the required end March figures must be furnished on an internal assessment basis, by internally adjusting or estimating the overseas entity's positions as of end March for the Return. Manuals FEMA Fri, 29 Nov 2024 14:12:00 +0530 https://www.taxtmi.com/manuals?id=6125