Form 15ca


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Querist : Anonymous

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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.

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Querist : Anonymous

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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.


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