CA Day celebration 2024 Easy Office
LCI Learning

Max permissible dollar?

This query is : Resolved 
Profile Image

Profile Image

(Querist)
09 November 2013 1. How many dollers are permissible for a professional resident?

2. Is any declaration required for indian citizen about no. of doller in hand on 31.03.2013 ?
Profile Image

CA Sanjeev Kumar

Profile Image

CA Sanjeev Kumar (Expert)
09 November 2013 Per FEMA is 2000 USD, if more than such then intimation to RBI is required.
Profile Image

Sandeep Rajpurohit

Profile Image

Sandeep Rajpurohit (Querist)
09 November 2013 Thankx Sanjeev,

is any declaration required under Income Tax Act or in ITR-4?
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA Sanjeev Kumar

Profile Image

CA Sanjeev Kumar (Expert)
09 November 2013 No, but you need to show this as cash in balance sheet at the time of filing the ITR.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links