TaxTMI 
TaxTMI 
Reporting under Redemption of preference shares to RBI
X X X X Extracts X X X X
X X X X Extracts X X X X
....eporting under Redemption of preference shares to RBI<br> Query (Issue) Started By: - Govinda Raju Dated:- 24-3-2022 FEMA<br>FEMA<br>Dear one, We have Redeemed Preference shares which are non convert....
X X X X Extracts X X X X
X X X X Extracts X X X X
....able recently on completion of maximum 20 years to a overseas investor who is appartenly our overseas equity investor as well. This is invested previous to 2007, wherein post 2007, law clearly demarca....
X X X X Extracts X X X X
X X X X Extracts X X X X
....tes this to be treated as debt before that there is no clarity what needs to be done with RBI on Redemption of this shares to investor. There is clarity on allotment where we need to report within 30 ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....days to RBI through FC-GPR. Can anyone please let me know. Regards Govindaraju<br> Discussion Forum - Knowledge Sharing ....