Form 15 cb

1229 views 2 replies

Sir,

If a client who is non resident now, is transferring proceeds of Long Term Capital gains on shares sold at NSE, what exactly should be filled in Form 15 CB and also 15 CA?

Here the remitter and receiver are the same person and it is only transfer.

Matter URGENT. PLZ Help!

Thanks

Replies (2)

just mention that the income is not taxable in India as per provisions of sec. 10(38).

 

Anuj

+91-9810106211

femaquery @ gmail.com

Dear Sir,

Thanks for prompt reply.

I have a doubt regarding Form 15 CB where in the opening para  it refers as this agreement is between the parties ----.

In this case own funds are transferred. Remitter and receiver is the same. What do I write.

Thanks again in advance and sorry to bother you again.

Pramod

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