Exchange rate to use for Canadian Dollars (CAD) for Schedule FA?

551 views 1 replies

Dear CA Club

I request you to guide me on following:

  1. Which exchange rate should I use for CAD to INR conversion for Schedule FA? There is a SBI TTBR available on Github but it says to only use for RS. 10 - 20 lakhs. Should I use that or use something like Bank of Canada exchange rate?
  2. If use SBI TTBR then which column should I use like "TT Buy" rate?

Thank you so much in advance

Replies (1)

@ Pankil P

You should be able to use any Scheduled [Indian] Bank Card Rate for Inward Remittance as applicable for the applicable Financial Year.  

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details