Transfer of sale proceeds from india to dubai
This query is : Resolved
22 June 2018
Dear Sir/Madam,
One of my friend who is a non resident, sold his property in FY 2016-17. Short term capital gains calculated and paid in the assessment year 2017-18. Now he want to transfer the funds from his Indian bank account to Dubai bank account. Amount to be transferred is 30Lakhs.
Do we need to submit Form 15CA for that? if yes which part is applicable?
Thank You.
One of my friend who is a non resident, sold his property in FY 2016-17. Short term capital gains calculated and paid in the assessment year 2017-18. Now he want to transfer the funds from his Indian bank account to Dubai bank account. Amount to be transferred is 30Lakhs.
Do we need to submit Form 15CA for that? if yes which part is applicable?
Thank You.
22 June 2018
Yes you need to submit 15CA and 15CB required from CA for tax compliance. Use part C.
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
- Difference in taxation of company leased car
- Real Estate Transaction Structuring with Power of attorney & Beneficial Ownership
- REGARDING GST AMNESTY SCHEME
- TDS-194M Contract
- EBRC Generation
- 44AD PRESUMPTIVE RATE ON CREDIT SALES
- Section 44AE
- After retirement
- Treatment of Car allowance
- Form 26QB - Details to filled
- Form 26QC_TDS paid at 5%
- Amazon.com Tax Report
- EWAY BILL BY SELLER TO MY BUYER DIRECTLY?
- HOW TO PAY GST --CALCULATION OF FORMULA....IF ANY
- TDS u/s 194-IA on the Home Loan Disbursement Amount
- HOW TO CALCULATE FOOD CHARGES
- Please help with SAC Codes (6 digits) for below mentioned services provided by Chartered Accountant
- Printing Press under Composition Scheme
- CSR funding for private limited companies
- Professional tax deduction monthly
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
