Form 15CB

Ratan Deep Saxena (Asstt Manager (Accounts & Finance))   (2998 Points)

09 February 2010  

Dear Friends,

Plz find the new Form 15 CB for your ready reference.

 

FORM NO. 15CB

(See rule 37BB)

Certificate of an accountant*

I/We have examined the agreement (wherever applicable) between Mr./Ms./M/s..............................and Mr./Ms./M/s.....................requiring the (remitters) (beneficiary) above remittance as well as the relevant documents and books of account required for ascertaining the nature of remittance and for determining the rate of deduction of tax at source as per provisions of sub-section (6) of section 195. We hereby certify the following:-

A

Name and address of the beneficiary of the remittance

B

1.

Country to which remittance is made

Country:

Currency:

 

2.

Amount of remittance

In foreign currency

In Indian Rs.

3.

Name of the bank

Branch of the bank

 

4.

BSR Code of the bank branch (7 digit)

 

 

 

 

 

 

 

 

5.

Proposed date of remittance

(DD/MM/YYYY)

6.

Amount of TDS

In foreign currency

In Indian Rs.

7.

Rate of TDS

As per Income-tax Act (%)

As per DTAA (%)

8.

Actual amount of remittance after TDS

In foreign currency

In Indian Rs.

9.

Date of deduction of tax at source

(DD/MM/YYYY)

10.

Nature of remittance as per agreement/ document

 

 

11.

In case the remittance is net of taxes, whether tax payable has been grossed up? If so computation thereof may be indicated.

(Tick)Ö Yes            No

12.

If the remittance is for royalties, fee for technical services, interest, dividend, etc, please indicate:-

(Tick)Ö Yes            No

 

(a)  The clause of the relevant DTAA under which the remittance is covered along with reasons

Clause of DTAA

 

(b)  Rate of TDS required to be deducted in terms of such clause of the applicable DTAA

As per DTAA (%)

 

(c)  In case TDS is made at a lower rate than the rate prescribed under DTAA, reasons thereof

 

13.

In case remittance is for supply of articles or things (e.g. plant, machinery, equipment etc.), please indicate,

(Tick)Ö Yes            No

 

(a)  Whether the recipient of remittance has any permanent establishment (PE) in India through which the beneficiary of the remittance is directly or indirectly carrying on such activity of supply of articles or things?

(Tick)Ö Yes            No

 

(b)  Whether such remittance is attributable to or connected with such permanent establishment

(Tick)Ö Yes            No

 

(c)  If the reply to Item no. (b) above is 'yes', the amount of income comprised in such remittance which is liable to tax.

 

 

(d)  If not, the reasons in brief thereof.

 

14.

In case the remittance is on account of business income, please indicate:-

(Tick)Ö Yes            No

 

(a)  Whether such income is liable to tax in India

(Tick)Ö Yes            No

 

(b)  If so, the basis of arriving at the rate of deduction of tax.

 

 

(c)  If not, the reasons thereof.

 

15.

In case any order u/s 195(2)/ 195(3)/ 197 of Income-tax Act has been obtained from the Assessing Officer, details thereof:

(Tick)Ö Yes            No

 

(a)  Name and Designation of the Assessing officer who issued the order/ certificate

 

 

 

(b)  Date of the order/ certificate

(DD/MM/YYYY)

 

(c)  Specify whether u/s 195(2)/ 195(3)/ 197 of I T Act

 

16.

In case of any other remittance, if tax is not deducted at source for any reason, details thereof.

 

 

 

 

 

 

 

 

 

 

 

 

(Attach separate sheet duly authenticated wherever necessary)

 

 

 

 

 

**Certificate No.:

Signature:

Date :                                                              Name:

Place:                                                              Name of the proprietorship/firm

Address:

Registration number:

* (To be signed and verified by an accountant (other than an employee) as defined in the Explanation to section 288 of the Income-tax Act, 1961).

** Certificate number is an internal reference number to be given by the Accountant

 

regards,

ratan