22 July 2013
yes.. according to me it can b obtained....
formalities to be completed are...
1. Obtain Chartered Accountant (CA) Certificate in Form 15CB
Select and Consult a Chartered Accountant Explain your situation Provide documentation/explanations CA will verify the source of funds and whether income tax is deducted and/or paid On verification, CA will issue certificate in the prescribed Form 15CB
2. Submit Form 15CA online
Access www.tin-nsdl.com Click “Services” and then “Form 15CA” Read Guidelines and familiarize with Form 15CA requirement Click “Form 15CA (Online Filing)” in the Forms section Fill up all the information as required Click “Proceed” Please review the details and then confirm to upload the form electronically On Confirmation, the form is electronically submitted to the Income Tax Department Form 15CA with an Acknowledgement No. is generated Print and sign the form
3. Submit documents to Authorized Dealer/Bank where NRE accountis kept
Form 15CA Form 15CB Check (cheque) or Demand Draft for the amount Request letter or Form as per respective bank’s requirement Complete any other document, requirement or formality
4. Transfer: On verification of submitted documents, Bank will process the transfer and credit NRE account.
Timing: Obtaining CA certificate is the most important and most time consuming step. Each CA will have his/her own procedures to verify the source(s) of funds and whether source is tax exempt and/or income tax is paid. Once you complete Step # 1 (obtain CA certificate in Form 15CB), other steps could be completed within a day and mostly the same day.
23 July 2013
according to me thr's no violation.. i thought u need complete procedure that's y told u the same... for just money transfer thr's no need to file 15 ca & 15cb...
CAclubindia
