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15ca/cb for loans taken ???

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(Querist)
19 May 2012 Normally every payment from resident to Non resident requires form 15ca/cb complaince. Whether the same is applicable for non-revenue transactions like loans taken by NR from Resident ?
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CA. Anuj Gupta

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CA. Anuj Gupta (Expert)
02 August 2012 Yes Form 15CA and CB should be aplicable.

Anuj
femaquery@gmail.com
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Arvind K

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Arvind K (Querist)
02 August 2012 Thanks for the advise Sir.
But in form 15ca what shall be chosen as nature of remittance when a loan is granted? Please advise...
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CA. Anuj Gupta

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CA. Anuj Gupta (Expert)
02 August 2012 Choose others and then mention the exact details.

Anuj
femaquery@gmail.com

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