Whether, in Section II- Item 2.3, the Non-Resident Equity and Participating Preference Shares Capital (%) is being calculated with respect to Item 1.0 (Total Paid-up capital) or Item 1.1 (Total Equity and participating Preference Shares Capital)?

Whether, in Section II- Item 2.3, the Non-Resident Equity and Participating Preference Shares Capital (%) is being calculated with respect to Item 1.0 (Total Paid-up capital) or Item 1.1 (Total Equity and participating Preference Shares Capital)? https://www.taxtmi.com/manuals?id=6178 Non participating share capital is treated as a debt investment and is included in total paid up capital; therefore, the percentage for Non Resident Equity and Participating Preference Shares Capital is calculated with respect to total equity and participating preference shares capital rather than total paid up capital, with the specific calculation formula set out in the referenced guidance. en-us Mon, 02 Dec 2024 15:10:00 +0530 Mon, 02 Dec 2024 15:10:00 +0530 TaxTMI RSS Generator Whether, in Section II- Item 2.3, the Non-Resident Equity and Participating Preference Shares Capital (%) is being calculated with respect to Item 1.0 (Total Paid-up capital) or Item 1.1 (Total Equity and participating Preference Shares Capital)? https://www.taxtmi.com/manuals?id=6178 Non participating share capital is treated as a debt investment and is included in total paid up capital; therefore, the percentage for Non Resident Equity and Participating Preference Shares Capital is calculated with respect to total equity and participating preference shares capital rather than total paid up capital, with the specific calculation formula set out in the referenced guidance. Manuals FEMA Mon, 02 Dec 2024 15:10:00 +0530 https://www.taxtmi.com/manuals?id=6178