15ca/cb required for hotel booking
This query is : Resolved
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?
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?
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.
Message likes :
1 times
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.
(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.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Regarding IMS Mandatory from 1st July 2026
- Interest on SCSS
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
