A2 reporting requirement applies to remittances credited to Special Non-Resident Rupee accounts, requiring identical compliance. Any underlying transaction by a domestic Indian party that requires A2 reporting for remittance overseas will require the same reporting when remitted domestically for credit to a Special Non-Resident Rupee (SNRR) Account, and banks remitting such funds must undertake that A2 reporting.
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.
A2 reporting requirement applies to remittances credited to Special Non-Resident Rupee accounts, requiring identical compliance.
Any underlying transaction by a domestic Indian party that requires A2 reporting for remittance overseas will require the same reporting when remitted domestically for credit to a Special Non-Resident Rupee (SNRR) Account, and banks remitting such funds must undertake that A2 reporting.
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