my client is NRI. He is staying in USA. He has having NRO account in India. In his portfolio he has having equity shares. Now due to advancement of age, he wants to repriate the Indian fund to US Dollar. He sold some shared and there is capital gain.
First of all in Tax year 2026-2027, he paid advance tax on that gain income as per my advice. and for balance outstanding I filled 145 and 146. he being non resident and his own fund to be transferred to USA.
My query is which code as per RBI to be filled. forex department had taken objection for code.