Repatriation of funds in NRO A/c
This query is : Resolved
22 December 2008
My NRI client earns income in India by way of lease rent and interest on FD and is a regular tax payer.
I have filed an Undertaking with International Taxation 3(1)-TDS Range for repatriation of funds. Do I need to wait for a certificate to be issued by them or will the Undertaking suffice the bank for enabling repatriation of his funds from Mumbai to Geneva ?
I have filed an Undertaking with International Taxation 3(1)-TDS Range for repatriation of funds. Do I need to wait for a certificate to be issued by them or will the Undertaking suffice the bank for enabling repatriation of his funds from Mumbai to Geneva ?
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