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01 November 2013 hi,

A non-resident Indian wants to transfer interest on rec bonds credited in his nro a/c to his local savings bank a/c in kenya.

1. is the person required to deduct tax and pay the same

04 November 2013 same person cant deduct tax for himself...

05 November 2013 The amount of interest received on rec bonds by a person is chargeable to tax and its being transferred from his nro a/c in India to local savings bank A/c in kenya.
So is the person required to fill the form 15 CA and 15 CB if he is remitting the amount to himself?


24 November 2013
Yes after paying taxes due amount can be transferred. And form 15cb/ca compliance is required.



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