Live Course on Drafting of Appeal and Reply of Penalty Notice by CA Sachin Sinha. Register Now!!

15CA Applicable or Not

Ashish Jain (Student) (191 Points)

29 May 2022

Hello Experts. I need your guidance in the following matter. I have paid rent of ₹.3,00,000.00 to an NRI's Indian Account and Now I have also deposited TDS u/s. 195. Whereas i have not filed Form No.15CA. I want to know whether 15CA is applicable in such case. If so can I file now for 2021-22 all together now? Kindly provide your suggestions.

Reply
Follow
Share

4 Replies

Kev Men (756 Points)
Replied 29 May 2022

In my opinion form 15CA is not required as the remittance is made to the Indian A/c of the NRI.

prasad Nilugal ( GST Practitioner & Accounts ) (14221 Points)
Replied 29 May 2022

For sefar side you file 15CA . In Rule 37BB of the Income tax act 1962 ,list of payment where 15 CA not required , in that list payment of rent is not available ,

JJJ (Need help) (673 Points)
Replied 29 May 2022

There's no need. It's not an outward remittance, but a straightforward domestic payment from one rupee account to another rupee account (assuming the owner's account is NRO).

If there were a 15CA requirement, usually the Bank would have also asked for it.

Sameer (Article) (124 Points)
Replied 29 May 2022

If the payment is made from NRO to NRE Account then 15CA will be required. But if transfer is from NRO to another NRO Account then Form 15CA is not required.