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15cb

Others 420 views 1 replies

Dear All,

our company appointed person dominica republic  i want transfer his salary & expenses  mean time i have submitted application to our Bank   fund transfer wheather it is taxable or non taxable  as per 195 Section say it non taxable even after banker are insisting  15 CB  from CA 

please guide in this regard

thanks & regards

girish joshi

 

 

 

Replies (1)

Dear Girish

If u want to transfer fund from India to Outside India, you are required to file form 15CA and get a form 15CB from a CA even the amount transferred is non Taxable.


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