Permitted credits to deposit accounts limited to inward remittances and visa fee transfers from diplomatic rupee accounts. Regulation 4(3)(a) is amended to permit credits to the account only by (i) proceeds of inward remittances received from outside India through normal banking channels, and (ii) transfer of funds from the rupee account of the diplomatic mission in India that are collected in India as visa fees and credited to such account.
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.
Permitted credits to deposit accounts limited to inward remittances and visa fee transfers from diplomatic rupee accounts.
Regulation 4(3)(a) is amended to permit credits to the account only by (i) proceeds of inward remittances received from outside India through normal banking channels, and (ii) transfer of funds from the rupee account of the diplomatic mission in India that are collected in India as visa fees and credited to such account.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.