Form 15ca and form 15cb

This query is : Resolved

Mahalakshmi Gayathri (Querist)
Follow

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?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

cgagroshg cgagroshg

venkanna setty

Jayaram Bramhajosyula

NITHIN GEORGE

DHRUV PATEL

Subscribe Now

Form 15ca and form 15cb

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Article Assistant

CA Final

Accountant

GST CONSULTANCY

GST CONSULTANT