Dear Experts,
Please advice is Form 15CA required to be filed for paying rent to NRI in Indian Currency in his NRO account.
Thanks
Shivangi Garg (Practicing Chartered Accountant) (110 Points)
08 December 2016Dear Experts,
Please advice is Form 15CA required to be filed for paying rent to NRI in Indian Currency in his NRO account.
Thanks
Akash kushwaha
(Student CA Final )
(23 Points)
Replied 08 December 2016
Dear Madam,
You need to provide the information of any payment made to non-corporate non-resident or foreign company
in Form 15CA u/s 195(6) inserted by F Act 2015. The extract of F Act 2015 is :-“The person responsible for paying to a non-resident (not being a company) or to a foreign company, any sum, whether or not chargeable under the provisions of this Act, shall furnish the information relating to payment of such sum, in such form and manner, as may be prescribed.” u/s 195(6) w.e.f. 1st June 2015.
shubham Pahuja
(Chartered Accountant)
(236 Points)
Replied 08 December 2016
If TDS in not applicable you still have to file Part D of 15CA and if TDS is applicable the Part A/B/C according to amount of transfer
vijaykumarreddy
(Manager Accounts)
(22 Points)
Replied 10 December 2016
15CA Not required ,But You Will deduct TDS and make payment to his NRO account,