Purchase of Shares of Indian Company held by a Foreign Company

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..... An individual is proposing to purchase shares of an indian Unlisted company. the shares are held currently by a foreign company. if he has to purchase these shares, RBI has stipulated conditions for t .....

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..... he valuation of the shares. Kindly inform me about the procedure/formula. What other requirements are to be complied with on remittance abroad? Thank you, Venkatesan.K - Reply By Anuj Gupt .....

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..... a - The Reply = The valuations of shares is to be done on the basis of DCF method. Also if the foreign Company has any capital gain then appropriate TDS u/s 195 needs to be deducted. Also Form FC .....

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..... -TRS is needed to be filed within 60 days of the transaction to AD. - Reply By Venkatesan K - The Reply = thank you sir! - Purchase of Shares of Indian Company held by a Foreign Company - Query St .....

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..... arted By: - Venkatesan K Dated:- 3-2-2011 FEMA - Foreign Exchange Management - Got 2 Replies - FEMA - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management I .....

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..... ndia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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