15ca/cb required for hotel booking

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AVDHESH MAURYA (Querist)
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08 August 2015 Dear Sir,

One of our client's relative is travelling to Turkey for participating in dance competition. For this they need to remit foreign currency for hotel booking to a travel agent in Istanbul. The bank is asking for 15CA/CB. Is there any provision by which we can avoid 15CA/CB?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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08 August 2015 This is not a taxable income hence no form 15CA is required. The bank still insist on it give it not a problem.

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Amol S Joglekar

Amol S Joglekar (Expert)
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08 August 2015 195(6) has played this new confusion. The banks are insisting on this form for ALL types of remittances.
(In a way, it is good for the Chartered Accountants.)
There is a provision whereby one can avoid this 15CA and 15 CB route. One may approach the International Taxation officer and ask for issuing the NO tds or LOWER tds

I think getting 15 CA and 15CB seems to be easier and at an arm's length.

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