29 January 2013
My client has to make a remittance abroad for the training and travelling expenses of the foreign company, so do I need to furnish my client Form 15CB, or should my client apply to his AO for determination of amt. as whole amt. is not chargeable to tax. Please reply asap.
29 January 2013
first you or your client need to aply in form 15CA the details to be furnished to dept., then you as a CA has to issue basing on the facts of transaction a certificate in form 15CB on your letter head
18 February 2013
1. Travel exp seems reimbursement, not liable to TDS mostly.
2. Training exp, look more in detail, if in nature of Business Income & NR does not have a PE, then Nil TDS. Orelse 40% TDS or as determined by ITO. (Or) If in nature of FTS, then TDS mostly applicable depending on treaty.
CA shall issue 15cb based on which only 15ca can be filled.
CAclubindia
