Outward remittance

News

Procedure for claiming exemption u/s 11 for remittance to Nepal


Standard Operating Procedure SOP for making application for claim of tax exemption u s11 1 c of the Income tax Act in respect of remittance of money relief articles by IndianNGOs Charitable Organisati

Full Story

Remittance of Assets - Submission of Auditor's certificate


RBI 2014 15 332 A P DIR Series Circular No 43 To All Category I Authorised Dealer Banks Madam Sir Remittance of Assets Submission of Auditors certificate Attention of Authorised Dealer Category I AD C

Full Story

Remittances to non-residents - Deduction of Tax at Source


RBI 2013 14 669 A P DIR Series Circular No 151 To All Category I Authorised Dealer Banks Madam Sir Attention of Authorised Dealers in Foreign Exchange is invited toA P DIR Series Circular No 56 dated

Full Story

Liberalised Remittance Scheme (LRS) for resident individuals-Increase in the limit from USD 75,000 to USD 125,000


RBI 2013 14 624 A P DIR Series Circular No 138 June 3 2014 To All Category I Authorised Dealer Banks Madam Sir Liberalised Remittance Scheme LRS for resident individuals Increase in the limit from USD

Full Story

CBEC clarifies leviability of service tax on the remittance of foreign currency in India from overseas


Circular No 163 14 2012 ST F No 354 119 2012 TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Tax Research Unit Room No 146 North Block New Delhi 1

Full Story

More News

Experts Opinions

Remittance of tds under wrong section


Dear Sir Madam Is there any remedy for TDS on purchase of property which was ought to be remitted u s 194IA by form 26QB has been remitted u s 194C by mistake

Read Expert Opinion

Rule of st on freight inward/outward


hello If a company partnershipfirm prop firm paid freight inward or freight outward charges then the said firm are liable to pay service tax plz post your view

Read Expert Opinion

Can we avail credit of stax on carrige outward gta


Dear Sir Plz refer Rule 2QA of Central Excise Cenvat Credit Rules 2004 where place of removal means A Depot Premises of Consignment Agent Or any other place or Premises from where excisable goods are

Read Expert Opinion

Tds on carriage outward


carriage outward tds is applicable or not

Read Expert Opinion

Inward remittance and retpatriation


The NRI remits thro banking channel to his parents The parents invest these remittances in immoveable property in the name of the NRI After three years the property is sold and the proceeds are being

Read Expert Opinion

Discussion

Remittance of tds under wrong section

Dear Sir Madam Is there any remedy for TDS on purchase of property which was ought to be remitted u s 194IA by form 26QB has been remitted u s 194C by mistake

Read full discussion

Foreign remittance: tds u/s 195: reimbursement of expenses

Taxability of Reimbursement of expenses has always been a contentious issue In most of the cases assessee gets away with non taxability of reimbursement of expenses on the plea of no profit element Ho

Read full discussion

15ca and 15cb on taxable foreign remittance changes

CBDT has made some changes in Rule 37BB to reduce the compliance burden under Section 195 of the Income tax Act regarding compliance and furnishing of information of Foreign remittance whether taxable

Read full discussion

Foreign remittance

Dear friends I have one question regarding foreign remittances if membership fees are paid by a sec 8 company of co act 2013 to a foreign organisation not having permanent establishment in India will

Read full discussion

Form 15ca for local remittance

We need to file Form 15CA and 15CB for remittances under section 195 to non residents In case of remittance is Indian rupees to NRI with full TDS deduction of 30 9 to their NRE ordinary account Do we

Read full discussion


More Messages




File Download

  • Form 15-CB for Remittance in Foreign Currency under rule 37BB

    Form 15 CB for Remittance in Foreign Currency under rule 37BB

    Download

  • Stock Register Format

    Stock Inward Outward Register Format with conditional formatting

    Download

  • New Form 15CB

    WEF 01 10 2013 New form for foreign remittance has been issued by Income Tax

    Download

  • Remittances to non-residents under section 195 of the Income-tax Act - Circular 04/2009

    Circular regarding foreign remmitence

    Download

  • Outward remittances

    breif discription for out ward remittance

    Download


More Files

Articles

Foreign Remittance: Case Law Analysis:2015: Series 3


International Tax Update India Foreign Remittance Taxability Case Law Analysis 2015 Series 3 1 Reimbursement of Technical Expenses to Head office Bureau Veritas Indian Division vs ADIT 2015 54 taxmann


Full Article

Interest income from India - Foreign Remittance - Taxation


International Tax Update Interest Income from India Foreign Remittance TDS u s 195 A Taxation as per Domestic Law A 1 Definition of Interest 2 28A interest means interest payable in any manner in resp


Full Article

Clarification - Increase in Limit - Liberalised Remittance Scheme


Clarification Increase in the limit from USD 75 000 to USD 125 000 for resident individuals under Liberalized Remittance Scheme LRS Notification No RBI 2014 15 132 A P DIR Series Circular No 5 dated 1


Full Article

New Procedure for remittance outside India w.e.f. 01.10.2013


CBDT vide notification No 67 dated 02 09 2013 notified new Forms Form 15CA and CB The most important changes that have been brought in the new regime for making payments outside India w e f 01 10 2013


Full Article

A Day-s delay in TDS remittance - Interest upto 3%!!!


Yes TDS remittance delayed by a day may cost the deductor up to 3 So next time as a deductor if you are not serious about the due date for TDS remittance just think about this Due date for TDS remitta


Full Article

More Articles


Updated on : 1/11/2016 6:21:09 PM




close x