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Personal payments to NRE Account from tax paid income, Other Topics

Issue Id: - 105856
Dated: 5-7-2013
By:- joel orap

Personal payments to NRE Account from tax paid income


  • Contents

I AM NRI.

I am NRI and I have paid income tax on my Indian income (pension and bank interest) for previous years. Pl advise procedure to deposit my Rs income of previous years less tax to my NRE account in Rupees , in Indian Bank. Is CA certification required in my case?

I HAVE ACK. & DECISION OF INCOME TAX DEPARTMENT ON MY TAX RETURN FOR F.Y. ENDING MARCH 2012.

{" EXTRACT OF CIRCULAR    Circular No. 04/2009,   F.No.142/19/2007-TPL, (Central Board of Direct Taxes)

3.(v) A remitter who has obtained a certificate from the Assessing Officer regarding the

rate at or amount on which the tax is to be deducted is not required to obtain a certificate from the Accountant in Form 15CB. However, he is required to furnish information in

Form 15CA (undertaking)    ................  " }

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Page: 1


1 Dated: 12-7-2013
By:- Baranidharan S

A. P. (DIR Series) Circular No.117 dated 7-05-2012 permits transfer of funds from NRO A/c to NRE Account.

Amount to be credited to NRE A/c like taking out the amount of India. You need to provide Form 15CA and 15CB.

You may get a certificate from the CA, stating that the Tax being already paid


Page: 1

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