DNV & Co. is a Chartered Accountants' firm providing consultancy to various foreign companies to seamlessly establish their business entities in India. We advice them on Foreign Direct Investment (FDI) Policy, Foreign Exchange Management Act (FEMA), International tax implications including effect of bilateral treaties and overall entry strategy depending up on their business sector, current business with Indian companies and their reason for setting up Indian arm. We also specialise in Transfer Pricing regulations, Business valuations and secretarial compliance that specifically impacts the such companies.
The Income Tax Department wide its circular dated 26th May 2017
have made mandatory to file preliminary response,if the amount has
been received for any one of the following transactions:
The SFT preliminary response has to be submitted on or
before 31stMay 2017 for
the financial year 2016-17.
In order to ensure timely furnishing of response kindly provide
us the details of the above mentioned transactions at your
earliest.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
