https://www.taxtmi.com/manuals?id=6195 Non participating preference shares are treated as debt securities for FEMA reporting. If held by a foreign investor who also holds equity in the Indian reporting company, the non participating preference shares must be reported in the annual FLA/FLAIR return under the applicable FDI and DI line items in Section III, determined by the investor's percentage holding, and recorded at nominal value. en-us Tue, 03 Dec 2024 14:23:00 +0530 Tue, 03 Dec 2024 14:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=6195 Non participating preference shares are treated as debt securities for FEMA reporting. If held by a foreign investor who also holds equity in the Indian reporting company, the non participating preference shares must be reported in the annual FLA/FLAIR return under the applicable FDI and DI line items in Section III, determined by the investor's percentage holding, and recorded at nominal value. Manuals FEMA Tue, 03 Dec 2024 14:23:00 +0530 https://www.taxtmi.com/manuals?id=6195