- Labour Law
- FAQ
- Certificate of foreign inward remittance
March 23, 2026
Submitted By: Shweta Verma
Certificate of foreign inward remittance
Form 38 is required to be filed along with the Return of Income by an assessee for foreign inward remittance to claim deduction under sections 151 or 152 of the Income-tax Act, 2025. The maximum deduction that can be availed under this section is Rs. 3 lakhs. The form is to be certified by the Bank manager of the bank which received foreign income in the nature of royalty.
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