29 January 2024
One company had to make Non resident payment. TDS under sec 195 was paid in 28.2.2015. Since the company was not having liquid resource to make payment, though TDS was paid. Now the company has received the funds during 2023-24, the company wants to make Non resident payment now. Since the date of payment of TDS is more than 7 years, can it be used to pay off Non resident payment now. Is there any timelimit for making payment what are the precautions to be taken for issuing Form 15CB
CAclubindia
