TaxTMI 
TaxTMI 
CBDT issues clarification on procedure for remittances abroad by diplomatic missions
X X X X Extracts X X X X
X X X X Extracts X X X X
....BDT issues clarification on procedure for remittances abroad by diplomatic missions <br>News and Press Release<br>Dated:- 30-11-2009<br><BR>The Government has clarified that while remitting consular receipts abroad, diplomatic missions in India will be required to submit only a self certified undertaking in Form No 15CA to the remitter bank and they are not required to obtain a certificate from an....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... accountant / certificate of Assessing officer in Form 15CB. A circular No.9 of 2009 to this effect was issued by Central Board of Direct Taxes, here today. In terms of Article 28 of schedule to section 2 of the Diplomatic Relations (Vienna Convention) Act, 1972, the fees and charges levied by a diplomatic mission in the course of its official duties are exempt from all dues and taxes. The proce....
X X X X Extracts X X X X
X X X X Extracts X X X X
....dure for furnishing information regarding remittances of consular receipts by diplomatic missions in India will be as follows:- Ø The diplomatic mission will access the website to electronically upload the remittance details to the Income-tax Department in Form 15CA. Ø The diplomatic mission will then take a print out of this filled up Form 15CA bearing an acknowledgement number generated by t....
X X X X Extracts X X X X
X X X X Extracts X X X X
....he system and sign it. Form 15CA can be signed by the Head of the mission or by an officer of the mission so authorized by the Head of the mission. Ø The duly certified Form 15CA will be submitted in duplicate to the Reserve Bank of India / authorized dealer. The Reserve Bank of India / authorized dealer will in turn forward a copy of the undertaking to the Assessing Officer concerned. The proc....
X X X X Extracts X X X X
X X X X Extracts X X X X
....edure for furnishing information regarding remittances being made to non-residents was earlier revised w.e.f. 1st July, 2009 vide Circular No. 4 / 2009 dated 29th June, 2009 to upload such transactions electronically.<BR> News - Press release - PIB....