EXPENSES BORNE BY SUBSIDIARY COMPANY

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....XPENSES BORNE BY SUBSIDIARY COMPANY<br> Query (Issue) Started By: - saurabh jain Dated:- 18-1-2013 Last Reply Date:- 21-3-2015 FEMA<br>Got 1 Reply<br>FEMA<br>A NRI (Employee of holding company) is on ....

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....visit subsidiary company(On Business VISA) incorporated in India. And subsidiary company want to borne the expenses on hospitality (Rent of House) of NRI.(There is no provision in MOA or AOA of subsid....

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....iary company incorporated in India regarding Payment of such expense) What are the various compliance to be followed before making such payment(Such expenses are to be booked in Indian company books ....

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....and the same is not reimbursed by foreign holding company) and what will be tax treatment of same in hands of Employee and Subsidiary Indian company Reply By Rama Krishana: The Reply: In case the e....

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....xpenses are being incurred in India, nothing is taken out, no foreign exchange is involved, as per my view FEMA does not put prescribe any guideline or condition or restriction. If you find any contr....

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....ary, please let me update, since it my preliminary view only.<br> Discussion Forum - Knowledge Sharing ....