about form 15CA and 15CB
This query is : Resolved
20 January 2011
One of our NRI client has sold his house in Mumbai and payment received in his NRE a/c. and now He wants to take the money from his NRE a/c. to his a/c. in USA. So, bank has adviced him to fill from 15CA & 15CB. So, Isn't it is compulsory to fill form 15 CA & 15 CB.
20 January 2011
yes. its compulsory to fill it if money moves from india.
20 January 2011
Earlier there was a concept of income tax clearance certificate mandated by RBI for effecting transfers out of the country. After that is dispensed, forms 15CA and CB is introduced. Any payment to be made out of india these are must.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Not able to file ITR
- Foreign inward in ITR
- Accounting with Claude
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
