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<h1>Certificate of Foreign Inward Remittance Form 10H Certifies Foreign Payment Receipt, Details Exchange Rate and Purpose of Remittance.</h1> This document is a Certificate of Foreign Inward Remittance (Form No. 10H) used for income tax purposes, certifying the receipt of foreign remittance by a bank. It details the payment to the beneficiary, including the method of payment, the remitting bank, and the remitter's details. It specifies the foreign currency amount, its rupee equivalent, the exchange rate applied, and the purpose of remittance. The certificate confirms compliance with Reserve Bank of India regulations and is signed by the bank manager, certifying the accuracy of the information provided.
TaxTMI