Certificate Of Foreign Inward Remittance

This document is a format to the certificate to be furnished to avail deduction when the royalty income for copyright or patent is received from any source outside India, then such income within a period of six months from the end of previous year in convertible foreign exchange shall be allowed by the authority. Deduction shall only be allowed only if the certificate is furnished to the authorities in prescribed Form 10H which duly signed by remitter along with return of income in support of such deduction. It is necessary to disclose the name of remitter, the bank services acting for remitter, mode of payment and the whole address of the remitter. 

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