Form 15CA and 15CB

Dear Snehal,

follow dividend declaration rules :

Take the conversion rate prevailing on the day of declaration of Dividend or date of payment of dividend or passing the resolution, whichever earlier.

Regards

Hitesh

I have a related question. I got a form 15CB certificate and submitted 15CA about seven months back but did not go ahead with the money transfer. Do I need to get new forms done or the unused forms with older dates (but for the same financial year) still work?

Thanks in Advance

Dear Cuckoo,

15 CA and 15 CB are per remittance propsed to be made. whether the same is made instantly or made in future..

Hence you can use the same form 15 CA and 15 CB as taken earlier for the transfer unless the information in 15 CA changes like amt or exchange rate.etc

Regards

Hitesh

Thanks a lot, Hitesh.