Pooja PatelPooja Patel asked 3 years ago

Sir please give clarification about Consolidation of Foreign Subsidiary. And also whether it wld amount to contravention if CFS is not filed by Indian holding company who has foreign subsidiary

1 Answers
RaviRavi Staff answered 3 years ago

No need to consolidate foreign subsidiary, other subsidiaries should be consolidated. This is for financial year 14-15 only. 

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