FORM 15CA

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

22 January 2010 hi!
in online filling of form 15CA do we have to enter the amt of remittance in indian rupee(amt of foreign currency x exchange rate) though we are remitting the amt in foreing currency.

CA. VIKAS GUPTA

CA. VIKAS GUPTA (Expert)
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22 January 2010 Hi,
yes,there is a mendatory field in form 15CA to fill the amount in Indian currency. You can take latest buying rate as a base for coversion of foriegn exchange.

CA Prashant Gupta

CA Prashant Gupta (Expert)
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22 January 2010 you should pick the rate of that day in which you are filing 15CA. It doesn't matter on which rate it was actually paid. But it is a compulsory field so you have to fill this field. But it doesn't effect on payment.

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