Form 15 CA and 15 CB
Ni Jain (35 Points)
09 June 2020
Is form 15CA and 15CB required against payment of foreign currency for import of services recieved??
2 Replies
ms400708@gmail.com
(16 Points)
Replied 10 June 2020
Form 15CA is mandatory if remittance is made to NRI or Foreign Company (What PART is to be to filled that depends on your case)
Whereas Form 15CB is required if such remittance is liable to tax i.e. TDS and such remittance or total remittance to such party exceeds ₹5 lakhs in a year. Form 15CB is issued by a CA wherein he/she certifies that tax has been deducted properly on such transfer.
Whereas Form 15CB is required if such remittance is liable to tax i.e. TDS and such remittance or total remittance to such party exceeds ₹5 lakhs in a year. Form 15CB is issued by a CA wherein he/she certifies that tax has been deducted properly on such transfer.
Ni Jain
(35 Points)
Replied 12 June 2020
And the remittance is to be done in installments...so forms 15ca and cb are required to be filled everytime??
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