Is Form 15CA and 15CB required for transferring amount (in INR) to NRO account?
Rakesh Rao (CA Final Student) (408 Points)
01 January 2014Is Form 15CA and 15CB required for transferring amount (in INR) to NRO account?
Dhruvi N suthar
(Account Executive)
(303 Points)
Replied 01 January 2014
ITS ONLY IF YOU EARNED ANY THING FROM IMPORTING COMPANY,,
NOUFAL
(ACCOUNTANT)
(762 Points)
Replied 01 January 2014
- If your NRO account is keeping in Domestic (india bank), you can transfer the fund without the 15CA, 15CB
- If the NRO account is keeping in Foreign bank, you can transfer the fund with 15CA, 15CB
Rakesh Rao
(CA Final Student)
(408 Points)
Replied 01 January 2014
What if he's an individual NRI? He's actualy getting a refund of advance paid for purchase of land which was subsequently decided not to purchase the said land and now the refuund amount is being deposited in NRO Account !!
Thanks..
NOUFAL
(ACCOUNTANT)
(762 Points)
Replied 02 January 2014
https://www.tin-nsdl.com/form-15ca/overview.php
you can download the 15cb from there. and you can prepare the 15ca in income tax website......