Dear Sir
One of our client (NRI) wants to transfer funds from his NRO account to his NRE account in India and for this purpose certificate in Form 15 CB demanded. In his NRO account various incomes are credited for eg. Matured amount of FD, postoffice Deposit , NSC, sale proceeds of his property in india (which are actually purchased out of foreign income ). What kind of amount to be transferred to his NRE account and TDS to be deducted on capital gain, interest etc? before issuing such a certificate in form 15 cb what kind of verification and documents to obtained by us ? please help me
CAclubindia
