Form 15ca & tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 April 2015 An Indian Pvt Ltd Company only has office in India sents tea to foreign country for pesticide residue test to Eurofins(professional) ,the service has been conducted in Germany,the person who has provided service has no permanent establishment in India.Amount involved is 135 Euro Approx Indian Rs9000.Is any liablity to deduct tds.Considering section 195 as well as section 9.

Bank are asking for form 15CA to be submitted?
According to me neither form 15CA nor tds applicable.Advise & how to manage

CA. SHIVA SHANKARA R. SHETTY

CA. SHIVA SHANKARA R. SHETTY (Expert)
Follow

08 April 2015 No tds required.

However, you have to execute form 15CA. It is mandatory. In addition to that, you have to get Form 15CB from the chartered accountant only.

The details of 15CB shall be updated in 15CA. You have to submit original copy of 15CB along with 15CA and cheque.