Form 15ca and form 15cb
This query is : Resolved
25 September 2014
One of our clients is going to apply for remittance of 30000 dollars in current month and another 30000 dollars in next month during the financial year 2014-15 to his son who is non resident for the purpose of construction of a house in U.S.A. through applying mortagage loan by the client in an Indian Bank.
He approached us to certify Form 15CA and Form 15CB. The client doesn't deduct the tax on such amount.
On what basis remittance of foreign currency is chargeable to tax?
If such remittance of foreign currency is not chargeable to tax whether there is requirement to certify Form 15CB?
He approached us to certify Form 15CA and Form 15CB. The client doesn't deduct the tax on such amount.
On what basis remittance of foreign currency is chargeable to tax?
If such remittance of foreign currency is not chargeable to tax whether there is requirement to certify Form 15CB?
25 September 2014
Form 15CA and 15CB not required. Pl see CBDT notification 67/2013 dated 2.9.2013
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
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- TDS related Query_Liquidated Damages
- Specified Profession
- REGARDING GST LIABILITY/....
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Free lancer income
- Long Term Service award taxability in hands of company
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
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
