What will be the consequences in case we do not file the said FLA Return by July 15, as our accounts are not yet audited, and we do not wish to file it with unaudited figures. Will there be any imposition of penalty or prosecution initiated against the entity by RBI or FEMA?

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....ion of penalty or prosecution initiated against the entity by RBI or FEMA?<br>Annual Return on Foreign Liabilities and Assets (FLA) under FEMA 1999 - As on Nov 14, 2022 - FEMA - FAQ<br>FEMA<br>Ans: No....