Form 15CA - Salary to NRI income Arises outside india
This query is : Resolved
02 February 2022
Sir,
for transfer of salary to NRI from india in which option to be selected pard D of form 15CA. Salary Accrued or arises outside india. Only payment made from india to NRI. There is no option in Part D for Salary.
I request experts advice
Thanks
for transfer of salary to NRI from india in which option to be selected pard D of form 15CA. Salary Accrued or arises outside india. Only payment made from india to NRI. There is no option in Part D for Salary.
I request experts advice
Thanks
07 July 2024
When transferring salary to an NRI from India, typically you would select option 21 (Any Other Remittance not covered under any other Rule). Here’s how you can approach Form 15CA Part-D:
1. **Selecting the Option**: Since there is no specific option for "Salary" in Form 15CA Part-D, you should choose option 21 (Any Other Remittance not covered under any other Rule).
2. **Details to Provide**: In the remarks or details section provided for each selected option, you should clearly specify that the remittance is for salary payment to an NRI. Provide all necessary details such as the nature of payment (salary), the recipient's details (NRI's bank account and personal information), and any other relevant information required by the bank.
3. **Documentation**: Ensure that all required documentation, including Form 15CA and Form 15CB (if applicable), is correctly filled out and submitted along with the remittance request to the bank. These forms are crucial for ensuring compliance with Indian tax regulations.
4. **Consult with a Professional**: If you are unsure about the specific details or procedures, it's advisable to consult with a tax advisor or Chartered Accountant who can provide guidance tailored to your situation and ensure compliance with all regulatory requirements.
By selecting option 21 and providing accurate details in the remarks section, you can effectively process the remittance for salary payment to the NRI while adhering to the guidelines of Form 15CA Part-D.
1. **Selecting the Option**: Since there is no specific option for "Salary" in Form 15CA Part-D, you should choose option 21 (Any Other Remittance not covered under any other Rule).
2. **Details to Provide**: In the remarks or details section provided for each selected option, you should clearly specify that the remittance is for salary payment to an NRI. Provide all necessary details such as the nature of payment (salary), the recipient's details (NRI's bank account and personal information), and any other relevant information required by the bank.
3. **Documentation**: Ensure that all required documentation, including Form 15CA and Form 15CB (if applicable), is correctly filled out and submitted along with the remittance request to the bank. These forms are crucial for ensuring compliance with Indian tax regulations.
4. **Consult with a Professional**: If you are unsure about the specific details or procedures, it's advisable to consult with a tax advisor or Chartered Accountant who can provide guidance tailored to your situation and ensure compliance with all regulatory requirements.
By selecting option 21 and providing accurate details in the remarks section, you can effectively process the remittance for salary payment to the NRI while adhering to the guidelines of Form 15CA Part-D.
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