Form 15CA

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 GUDELINES FOR FORM-15CA


Attached File : 4 guidelines f15ca 30062009.pdf downloaded: 250 times
Replies (10)

Thanks for information

 

you could put in share files.

Thnx Dude

Originally posted by :RITESH KOTHARI
"  THIS IS FOR ALL REMITTANCES (I.E. IMPORT BILLS) "


 

While uploading form 15CA, in the nature of remittance there is no provision to select "IMPORTS". Does this means that this form is not required to be filled in respect of remittance for import of goods ?

For Exempt Income do I need to give Form 15CA??

Whther impoters had to file form 15Ca

Originally posted by :Preeti Jain
" For Exempt Income do I need to give Form 15CA?? "


 

Dear Preeti Madam,

 

You need to study following;

1) Section 195 sub-section (1) and sub-section (6)

2) Hyderabad Industries Ltd. v. ITO [1991] 188 ITR 749 (Kar.)

 

I assume the above information is enough to answer your query.

 

Thanks and regards

The article mentions :

The Reserve Bank of India has also mandated that except in the case of certain
personal remittances which have been specifically exempted, no remittance shall be made to a nonresident
unless a no objection certificate has been obtained from the Income Tax Department.

I wish to make a remittance to my son in US. Is this exempt?

Dear Ajoy

Remittances upto certain amount for personal use is allowable without taking Form 15CA. For the limit you will have to talk with your banker for the same.


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