Requirement of 15ca 15cb remittance of gift
This query is : Resolved
29 June 2015
Hello Friends
One of My client want to Remittance some money to his Son as Gift.In this case any requirement of fill 15CA 15CB Or not
One of My client want to Remittance some money to his Son as Gift.In this case any requirement of fill 15CA 15CB Or not
29 June 2015
No. Form 15CA and Form 15CB are not required for Gift as per Rule 37BB of the Income Tax Act, Rules.
See rule 37BB from link given below:
https://www.incometaxindia.gov.in/_layouts/15/dit/Pages/viewer.aspx?grp=Rule&cname=CMSID&cval=103120000000007406&k=&IsDlg=0
See rule 37BB from link given below:
https://www.incometaxindia.gov.in/_layouts/15/dit/Pages/viewer.aspx?grp=Rule&cname=CMSID&cval=103120000000007406&k=&IsDlg=0
29 June 2015
Kindly Suggest me as per current Budget.
29 June 2015
Answer remains same.
See link given below:
https://buyerscredit.wordpress.com/2015/06/09/revised-sec-195-payment/
See link given below:
https://buyerscredit.wordpress.com/2015/06/09/revised-sec-195-payment/
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