Form 15 cb
This query is : Resolved
14 July 2018
A person want to transfer money ( 60 Lakhs ) from his NRO account to his NRE account. for this purpose form 15 CB from Chartered Accountant required ?
the source of money is gift from father. father is tax payer and from his accumulated savings he deposited 60 Lakhs to his son NRO account. Son want to transfer to his NRE account . What are the points to be noticed ?
the source of money is gift from father. father is tax payer and from his accumulated savings he deposited 60 Lakhs to his son NRO account. Son want to transfer to his NRE account . What are the points to be noticed ?
15 July 2018
Yes 15CB required from Chartered accountant. From details given above it's an exempt income. No other points needed.
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