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Transfer of Funds from NRO to Foreign bank Account

This query is : Resolved 

06 October 2022 A NRI assessee wants to transfer funds from his NRO bank Account to his Foreign Bank Account. Amount that to transfer is more than 10 Lacs. (which is balance as on date). ITR is been filed regularly.

Whether Form 15CB will be applicable ? Or just to file form 15CA ?
For Form 15CA under which part form to be filed ?

06 October 2022 15CB required. Fill part C of 15CA.
..

06 October 2022 Funds which are to be transfered are Amounts received on maturity of FDs. FD interest are already shown in ITRs.
Whether to deduct Tax? If yes then on which amount ?




06 October 2022 No need for any tax deduction in such a case.

06 October 2022 Since remittance is not taxable, do we have to file Form 15CB? or
Just file Form 15CA part D

06 October 2022 Chartered accountant certificate in 15CB is required. He has to certify it's not taxable.
This is the requirement for fund transfer form NRO



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