Live Help
Want to know more
Enter the details and we'll call you soon

Name :

Company Name :

City :

Mobile No. :

Email id :

  

Thank you for your details



Our Executive will reach you shortly.

Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset SessionCancel Session
 

Appellant could not be held guilty of violating FEMA provisions for receiving interest free deposit

December 3, 2018[2018] 100 taxmann.com 26 (FEMA-AT)
81 Views

FEMA : Where appellant received interest free security deposit on behalf of his non-resident brother for letting out a flat for 36 months, since there was no transfer of money outside India nor money came inside India from outside and, moreover non-resident was not required to take permission from RBI as flat was leased out for less than five years, appellant could not be held guilty of violating provisions of section 9(1)(b) and 9(1)(d) in respect of amount received

read more

taxmann.com
Payment
Best view in 1140 x 768