https://www.taxtmi.com/news?id=72149 Mandatory declaration is required before remitting funds outside India to a non-resident, other than a company, or to a foreign company. The form is filed by the person responsible for the payment, subject to specified exemptions, and must be furnished before the remittance is made. The filing structure depends on whether the remittance is chargeable to tax, the applicable threshold during the tax year, and whether an Assessing Officer certificate or an Accountant's certificate has been obtained. Supporting documents, e-verification, withdrawal rights, and penalty consequences are also specified. en-us Fri, 03 Apr 2026 10:13:02 +0530 Fri, 03 Apr 2026 10:13:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72149 Mandatory declaration is required before remitting funds outside India to a non-resident, other than a company, or to a foreign company. The form is filed by the person responsible for the payment, subject to specified exemptions, and must be furnished before the remittance is made. The filing structure depends on whether the remittance is chargeable to tax, the applicable threshold during the tax year, and whether an Assessing Officer certificate or an Accountant's certificate has been obtained. Supporting documents, e-verification, withdrawal rights, and penalty consequences are also specified. News - Fri, 03 Apr 2026 10:13:02 +0530 https://www.taxtmi.com/news?id=72149