NRI was holding mutual fund investments, some made from his own funds in India more than 15 years back, and some inherited from father on his death in 2010. Proceeds from redemption deposited into NRO A/c. Now he intends to take these funds back to USA. While efiling 15 CB by the CA, there is a drop down menu of Primary and secondary income, so which option should be chosen, and what purpose code should be chosen ?
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Just to add, ITR has been filed and applicable tax on LTCG has ben paid.
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