Applicability of 15ca or 15cb

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 June 2015 Is 15CA/15CB applicable only to Business Entities or even to Non Residents who want to repatriate the amount credited to NRO a/c to their home country.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 June 2015 It is applicable to all Non residents who wants to repatriate the amount credited to NRO a/c.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 June 2015 It is applicable to all Non residents who wants to repatriate the amount credited to NRO a/c.

Amol S Joglekar

Amol S Joglekar (Expert)
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05 June 2015 With the advent of time, especially so when rupee convertibility is in vogue, the word REPATRIATE is seldom used in practice.

So I take this as remittance from NRO account by non residents.

With this, I agree with the answer given as above by Seetharaman.

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