15CA-15CB


This query is : Resolved 

Quick Summary
This discussion clarifies the tax implications of transferring funds from an NRO Fixed Deposit to an NRE account. Generally, transfers below £2.50 lacs are not taxable. You'll need to report this transaction in Part B of Form 15CA. Additionally, a Chartered Accountant's certificate (Form 15CB) is required for this process.

01 February 2020 Respected Sir,
I have made NRO FD and now i want to transfer the same to NRE account so kindly suggest me weather it is taxable or not. further suggest that in which part of 15CA i have to report and certificate from CA is required or not.

02 February 2020 Not taxable if it is within 2.50 lacs. Fill it in part B. CA certificate in 15CB required.

03 February 2020 https://www.caclubindia.com/share_files/file_preview.asp?files_id=78940


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