Certificate IN Form 15CB
This query is : Resolved
09 November 2009
I have gone through Form 15CB . In my view it is only for commercial transaction. Whether it is necessary to give certificate in form 15CB for foreign remittance certificate regarding TDS whether a mother an indian citizen is giving gift to NRI Son & daughter In Law.Please reply ASAP
09 November 2009
The Form 15 CB and 15CA is not required for Certain Personal Remittances that RBI allows you to remit for personal purposes. See the notification for the new procedures effective July 2009. Authorised dealer will remit based on their dealings with the account holder. Of course under FEMA account holder is responsible to ensure that he does not exceed annual limits prescribed by RBI for the nature of his remittance. This is for sending gift in foreign currency.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
