Form 15ca, 15cb - foreign remittance

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 December 2012 Hi,

I would like to make a payment of $2,200 to a firm in Canada for their services taken. This is a personal expenditure.

Wanted to know if I can make them the payment through Credit Card?

If I make them a payment through Telegraphic Transfer, Bank requires me to submit Form 15CA and 15CB certififed by a CA.

Will there be any TDS in my case? If yes, what is the amount or percentage of TDS deducted in my case?

Thanks

Arun Biyani

Arun Biyani (Expert)
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19 December 2012 yes tds to be deducted. tds amount depend on section 195 or Tax treaty between india and canada whichever is less..