What are the SBI TT buying and selling rates on 31.12.2020 for USD?
Neethi V. Kannanth
(.)
(19020 Points)
Replied 18 January 2021
What are the SBI TT buying and selling rates on 31.12.2020 for USD?
Maneesh
(Partner)
(109 Points)
Replied 21 January 2021
Hello Swati, sorry but I cannot provide you with rates for calendar year 2019. I suggest you use an alternative rate, preferably RBI rates for those dates.
Maneesh
(Partner)
(109 Points)
Replied 21 January 2021
Hello Neethi,
You will find SBI TT rates for 31.12.2020 at https://mksco.in/forexrate
Remember to use the rates that are on page 2 of the pdf file, those are the reference rates. I also suggest you book-mark the page for future use
Best wishes
Charmi shah
(Student)
(22 Points)
Replied 20 February 2021
Ashwin Pitti
(21 Points)
Replied 24 June 2021
Hello Maneesh,
on the second page, the exchange rates are provided for transactions over 10Lacs...still we consider these rates?
Please let me know, Thanks.
Maneesh
(Partner)
(109 Points)
Replied 23 December 2021
Hi Ashwin,
The rates on the second page are headed as
"CARD RATES FOR TRANSACTIONS BETWEEN Rs. 10 LACS AND Rs. 20 LACS.(To be used as reference rates"
[Emphasis added]
The rates provided on page 1 are presumably not to be used as reference rates since there is no similar header on page 1 rates.
Rule 26 of the Income-tax Rules provides for using SBI TT buying rate as a reference rate for conversion instead of using the actual rate. Which is why we recommend you use the reference rates provided on page 2
Shubham Kumar
(2 Points)
Replied 03 May 2022
Can someone pls help me with SBI TT buying and selling rate as on 28th And 29th April 2022.
Maneesh
(Partner)
(109 Points)
Replied 05 May 2022
Hello Shubham,
Attached are the SBI TT rates for 28th April 2022. Please use the rates available on page 2 of the attached rate cards.
I will post the rate card for 29th April 2022 in another message since I can attach only 1 file to this message
Maneesh
(Partner)
(109 Points)
Replied 05 May 2022
Shubham, attached is rate card for 29th April 2022
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