15CA FOR BUYING FOREIGN STOCKS

I want to buy foreign stocks whether I need to file 15ca?
and what is the purpose code in 15ca?
Replies (2)
Quick Summary
If you're looking to purchase foreign stocks, you'll need to understand your tax obligations in India. This discussion clarifies whether filing Form 15CA is necessary for such transactions. It also explains the purpose code within Form 15CA, which identifies the reason for remitting funds to a non-resident, and helps determine the appropriate code for buying overseas shares.

Yes.

The purpose code in Form 15CA refers to the nature of the remittance, and it indicates the reason for making the payment to the non-resident. 

What is the code in this case

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
21 August 2026
Accountant

A G International

Kolkata

B.Com

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details