15ca / 15 cb

This query is : Resolved 

26 November 2014
I wanted to know what documents have to be checked while issuing 15CB for transfering the money from NRO to NRE account, assuming the said money is received from sale of property ? What risk does it carry while issuing 15CB in this case?

26 November 2014 You need to check if the amount is taxable in India. If yes, whether TDS is appropriately made or not.

27 November 2014 you have to see the property which sales proceeds received . and pay the tax.

27 November 2014 The risk is always that the opinion given by CA is right or wrong?


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