FC-TRS Form: Does It Need To Be Filed Even On Transfer Of Only Registered Ownership?

In this post, the authors aim to answer the question as to whether a FC-TRS form needs to be filed where a Non Resident Indian (NRI) transfers ‘registered’ ownership of certain shares to a resident Indian, without transferring ‘beneficial’ ownership of those shares.

FC-TRS Form: Does It Need To Be Filed Even On Transfer Of Only Registered Ownership? Read More »