Form 15CA and 15CB

This query is : Resolved 

15 January 2011 Are these forms required to be filed if we have to make payment for purchase of machinery.
There is no TDS liability in this case, so whether we need to file these forms.

15 January 2011 YES.IT IS MANDATORY.

15 January 2011 Yes.. Form 15CA will be required by the bankers for making the remittance & Form 15CB is for your record purpose.


15 January 2011 Form 15CA should be used for furnishing information of remittances in e-mode in accordance with the provisions of section 195 (6) of the Income-tax Act, 1961. The information should be furnished after obtaining a certificate in Form 15CB from an accountant as defined in the Explanation to section 288 of the Income-tax Act, 1961. The print out Form 15CA should be signed and submitted to the Reserve Bank of India/authorized dealer prior to remitting the payment.



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