09 August 2010
MY CLIENT NEED CERTIFICATE FORM 15CB FOR MAKING PAYMENT TO FOREIGN BUYER TOWARDS QUALITY CLAIM FOR GARMENTS ALREADY SUPPLIED BY THEM. WHETHER TDS APPLICABLE ? ARE GIVE NIL TDS IN FORM FORM 15CB?
09 August 2010
Agree with Mr. Srinath. Form 15CB is not a TDS exemption Certificate.
You have to verify the nature of transaction & see whether any of the with holding tax provisions are attracted under the Income-tax Act or DTAA. Then certify accordingly in Form 15CB.
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