15CA FOR BUYING FOREIGN STOCKS

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32 Points Posted on 28 February 2023
I want to buy foreign stocks whether I need to file 15ca?
and what is the purpose code in 15ca?
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On 28 February 2023 at 13:50 Report
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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.

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hhgh
0 Points Posted on 28 February 2023

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. 

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On 28 February 2023 at 16:46
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32 Points Posted on 01 March 2023
What is the code in this case
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On 01 March 2023 at 11:11

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