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

liberised remittance scheme


can an indian resident give 50000 unsecured loan to USA based company where he is a director under liberised remittance scheme

Read Expert Opinion

Foreign inward remittance certificate


if indian company receives amount in INR from the foreign entity towards service provded by Indian co then indian co s bank will issue foreign inward remittance certificate p s 1 invoice is raised by

Read Expert Opinion

Tds remittance for bill dated 02.06.16 urgent help needed


We have received an Invoice Dated 02 06 16 for the Website hosting charges from 04 06 16 to 03 06 17 I have to remit the TDS before 07 06 16 as I have booked the expense in Tally on 03 06 16 or to rem

Read Expert Opinion

Remittance by dept. without issuance of recovery notice


Raid u s 132 was conducted on an assessee Some cash was seized in the proceedings which was subsequently deposited in the assessee s bank account which already had a debit balance as cash deposited La

Read Expert Opinion

Foreign remittance


When Indian company has payment paid to the foreign company for work done in foreign country will we deduct tds on this payment or not

Read Expert Opinion

Discussion

Foreign payments inward remittance for indian resident

Dear Sir Madam I am doing business in tanzania in minning operations i had started the work in f2015 to till now Till date i had not get earnings in future i want to transfer my earnings to india by t

Read full discussion

Branch transfer outward

Q I HAVE AN DOUBT REGARDING BRANCH TRANSFERS OUTWARD ENTRY IN ACCOUNTING WE ARE AN EXPORTER IN TIRUPUR WE STARTED A BRANCH IN BANGALORE LIKE A SHOW ROOM WE ARE SENT SOME EXTRA PCS SOME OF OUR STOCK GO

Read full discussion

Foreign remittances

Hello I work with a consultancy firm we provide consultancy to foreign clients also Its a proprietorship How should I account the same we issue some bills in USD and receive them in USD but their is a

Read full discussion

Itr - reporting foreign remittances in fsi and tr_fa

Fee received in foreign currency from clients residing abroad and deposited in bank account maintained in India is it to be reported in schedule FSI This is sort of export of services and has been inc

Read full discussion

Remittance to outside india

Payment to foreign shipper for freight charges is exempt from tax I want to clarify whether 15 CA required for the same and if yes which RBI Code need to be put while filling form 15 CA Kindly reply

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 : 7/4/2016 12:46:17 PM


close x