SBI's TTB rate for conversion of foreign currency - Rule 26

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Ankit Jain (Querist)
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20 September 2007 Dear All,

As per rule 26 of Income Tax Rules, the SBI's TTB rates to be taken for converting foreign currency.

Where to find SBI's TTB rate without going SBI (Foreign Branch) daily for getting the same.

Please reply

Thanks
AJ

CA. Dashrath Maheshwari

CA. Dashrath Maheshwari (Expert)
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21 September 2007 Dear mr Ankit,
You can follow the link provided for the same:
http://www.eximin.net/forex_rates/fer_template.asp

Ankit Jain

Ankit Jain (Querist)
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26 September 2007 Thanks Mr. Maheshwari,

I have a doubt whether rates given at the site is of SBI's official rates or any other?

Anyway thanks again for repling.

Regards,
AJ

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