Form 15ca

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
13 March 2014 One of my friend is an NRI, sold the property on 10-03-2014, date of acquisition of the property is 16-2-2004.
The NRI received the full consideration without tax deduction.
my doubt is, who has to submit form 15CA and 15CB the buyer or the NRI?

13 March 2014 The person remitting funds outside india.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 March 2014 Thank you sir,
The NRI has to transfer this amount from NRO A/c to NRE A/c for which he has to give form 15CA to bank. I want to know whether he is the remitter as well as the receiver or the buyer of the property is the remitter? Please clear my doubt.


14 March 2014 Seller has received the money in NRO account. Now seller is transferring the funds. So, now, remitter is seller.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details