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dividend received from foreign based Co is alwys received in foreign bank a/c ?
Sushmita Chowdhury
CA Inter
★ 2K+
11-Jun-23 18:08
301
Answers (5)
No, it can be received in Indian bank A/c as well Depends on where the recipient has the bank ac.
Ya-Seen
★ 10
11-Jun-23 19:16
Yes
Balachandar S
★ 59K+
11-Jun-23 19:36
it is received by the recepient as per his conveniance . it will be easy if first received in a foreign bank and then converted to indian bank
Venkatakrishnan
11-Jun-23 20:20
It depends on the bank account registered with your demat account
Varun Endukur
CA Final
★ 4K+
12-Jun-23 01:58
thank you everyone
Thread Starter
12-Jun-23 07:45
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