The monetary limit for international transaction for getting exemption from documentations prescribed in Section 92D is :

CS Executive · Tax Laws and Practice · PYQS · June 2017
The monetary limit for international transaction for getting exemption from documentations prescribed in Section 92D is :
(A) ₹ 500 lakhs
(B) ₹ 300 lakhs
(C) ₹ 2000 lakhs
(D) ₹ 100 lakhs

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: International Taxation

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