Please let me know if its mandatory to File Form 15 CA & Form 15 CB every time for every transaction of making payment for Import from other countries??
Sathish M
(Management Accountant)
(40581 Points)
Replied 12 March 2016
Form 15CA is a Declaration of Remitter and is used as a tool for collecting information in respect of payments which are chargeable to tax in the hands of recipient non-resident.
Revised rules are effective 1st April 2016.
The significant changes are as follows –
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
