05 July 2009
Hi I am Manoj would like to know that my client which a compnay situated at Noida in Insia and its unit in UK. Compnay has purchased good from UK compnay for its UK unit and purchases order in he name of India Unit. Now Indian unit wants to pay against goods purchased for its UK unit from other UK company.The banker want CA certificate therefore cleint approach me to issue CA certificate. Please suggets me about form for Issue CA certificate and any deduction required
05 July 2009
Certificate has to be issued in form no. 15CB of income tax act (under rule 37BB. Please go through the form and you have to answer all 16 questions given there and has to be certified.
Then your client has to upload form 15ca from nsdl. then he will get the acknowledgement.
Along with acknowledement and 15cb they have to apporach their banker for payment. Then only payment will be released.
Based on DTAA with that country witholding of tax will arise.
CAclubindia
