Require clarification nro to nre ft

This is peculiar case where form 15cb/ca compliance shall be requried.

Thank you sir....

And what about the nature of Remittance to be clarified in form 15CA and 15CB

Repatriation of surplus funds may be apt.

Transfer from NRO to NRE  is not  taxable and covered under   List of 33 specified  remittances as  such  For  15CA and 15CB are  not  required .

Nature /purpose of  Remittance   S-1301  Remittances  by Non -residents  towards  family maintenance and savings  .Remittances/transfers  from NRO  to NRE  for purposes  covered  under specified list of  33  are not  taxable.. Form 15CA   Part A B and C   are to be  filled up  when  remittance  are taxable  and  Part  D  when  remittance is not  taxable and not  covered under  specifies list of 33.   Unfortunately  banks  are  asking for   15CA and  15CB even if funds are to transferred from NRO A/c to NRE A/c.

 In my  view and in views of many  professionals ,tax experts  and even some bankers main  and sole  reason for  insisting   for  unnecessary and irrelevant   15CA  and 15CB forms is  not  to  have any  possible   audit  risk.  These forms have nothing to do with sources of funds. 

This issue  needs to debated,discussed   and   examined  so  that  there is  clarity in the matter and   we understand the correct position  to avoid any  confusion