Capital gain and funds trf to nri
This query is : Open
03 November 2013
I have a client of mine who is NRI. He sold his property in India in Last week. Purchaser of the Property Deducted 1% TDS on the property and give him the Cheque in INR. NRI Deposited the Cheque in his India Bank Account. Now he wants to take these funds to UK. In this case Both the REmitter and Remitee is the same So what is the process to b followed to transfer of funds??
Shall i need form 15CA and 15CB for that or any other alternative??
Shall i need form 15CA and 15CB for that or any other alternative??
03 November 2013
1. Yes the remitter and remittee shall be same.
2. Yes Form 15CA and 15CB are required.
for 15CA-15Cb requirements, refer:
https://buyerscredit.wordpress.com/2013/08/14/revised-forms-15ca-15cb-payment-to-non-resident/
The process of transfer of funds remain same as in any other case.
2. Yes Form 15CA and 15CB are required.
for 15CA-15Cb requirements, refer:
https://buyerscredit.wordpress.com/2013/08/14/revised-forms-15ca-15cb-payment-to-non-resident/
The process of transfer of funds remain same as in any other case.
03 November 2013
Agree with Expert,
form 15CA and 15CB required...
form 15CA and 15CB required...
03 November 2013
In Form 15 CA and 15CB TDs Details is to be given so what will be the TDS in this case??
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
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- Consolidated financials
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Withdrawal in cash from partners capital account by partner
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Putting a heading on received mail
- TDS on TRUST
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
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
