My client needs to remmit tution fees to the new zealand institute of education in newzeland dollars for study purpose. My query is whether he is required to file form 15CA and form 15CB to the banker for remmitance of newzeland dollar.
With reference to form 15CB to be issued by CA , whether such payment made is taxable under income tax act, 1961 and any tax is required to be deducted at source while remmiting such tution fees and if tax is applicable then whether any relief can be claimed under DTAA?
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