about form 15CA and 15CB
This query is : Resolved
CA MAYUR RUPARELIYA
(Querist)
20 January 2011
One of our NRI client has sold his house in Mumbai and payment received in his NRE a/c. and now He wants to take the money from his NRE a/c. to his a/c. in USA. So, bank has adviced him to fill from 15CA & 15CB. So, Isn't it is compulsory to fill form 15 CA & 15 CB.
20 January 2011
yes. its compulsory to fill it if money moves from india.
Vivek Raju P
(Expert)
20 January 2011
Earlier there was a concept of income tax clearance certificate mandated by RBI for effecting transfers out of the country. After that is dispensed, forms 15CA and CB is introduced. Any payment to be made out of india these are must.
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
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Advances to related party
- Section 269ST applicability for capital introduced by partner to his partnership firm
- ETDS return q4 25-26
- Capital Gains Tax on Inherited Mutual Fund
- IMS (import of goods) ITC related
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
