FEMA
This query is : Resolved
19 January 2009
What is capital account transaction?
what is current account transssation?
Distingiush between them.
what is current account transssation?
Distingiush between them.
19 January 2009
Naseem
u can see sec 6 of FEMA.
The main defference is, CAPITAL ACCOUNT TRANSACTIONS make changes in assets and liabilities of the parties to the transaction whereas current a/c transactions not.
u can see sec 6 of FEMA.
The main defference is, CAPITAL ACCOUNT TRANSACTIONS make changes in assets and liabilities of the parties to the transaction whereas current a/c transactions not.
19 January 2009
i agree with mr. vivek.
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