caption: a pay off form from a bank account is being taken from a bank
exif: {"Image DocumentName": "Form 15 CA & 15CB:Certain Situations (Cont..)", "Image ImageDescription": "Whether CA certification is required if a resident is making payment to NRI\u2019s as a gift? Gifts are not chargeable to tax if they are received from relatives, in cash or in kind. As Gifts is always exempt income for Individuals and HUF. NRIs had been facing issues in getting their funds repatriated from NRO to their NRE accounts or any other Foreign Accounts even when the source of fund was a Gift received from their relatives. Recipient. Outside India. India. Payment in the form of Gift from a Relative who is an Indian Tax Resident. Payer. Although new Forms 15 CA/CB has come into force, and have relaxed from preparation and attestation of Form 15CA/CB by a Chartered Accountant and submitting it to the bank. however NRI\u2019s are not relaxed due to certain guidelines of FEMA which needs to be looked into. For Discussion Purposes \u00a9 MPC Legal.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}