Repatriation of INR income permitted subject to applicable regulatory guidelines and tax provisions from SRVA balances. Income arising on an INR balance in a Special Rupee Vostro Account (SRVA) is capable of repatriation, but only in accordance with applicable regulatory guidelines and tax provisions; repatriation requires compliance with foreign exchange controls, prescribed procedural conditions and fulfillment of domestic tax obligations prior to transfer.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Repatriation of INR income permitted subject to applicable regulatory guidelines and tax provisions from SRVA balances.
Income arising on an INR balance in a Special Rupee Vostro Account (SRVA) is capable of repatriation, but only in accordance with applicable regulatory guidelines and tax provisions; repatriation requires compliance with foreign exchange controls, prescribed procedural conditions and fulfillment of domestic tax obligations prior to transfer.
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