Is is necessary that we have to submit individual form A1 for each foreign payment. If I have 20payments being made on a single, can we have cover sheet mentioing total amount and add annexure with list of payments? Currently if I have 50 payments in a day, we have sign and submit 50 A1 forms. Wondering what if the number of payments are very high like 100!! are we expected to sign and send 100 forms?
CAclubindia
