Form 15ca & 15cb
This query is : Open
16 January 2015
A Firms has purchased a land in india from NRI. Firm has made payments to NRI via bemad draft(banker cheque) after deducting TDS u/s 195. Means made payments in indian currency as firms has handedover demand draft to the NRI. In this situation whether form 15CA/CB is mandatory?
if yes plz suggest us procedure of this .
if yes plz suggest us procedure of this .
16 January 2015
FORM 15 CA - FOREIGN REMITTANCES - INFORMATION TO BE FURNISHED FOR PAYMENTS
( CHARGEABLE TO TAX) TO A NON-RESIDENT INDIVIDUAL OR TO A FOREIGN COMPANY - if the remittance is chargeable to tax and does not exceed fifty thousand rupees and the aggregate of such remittances made during the financial year does not exceed two lakh fifty thousand rupees - https://incometaxindiaefiling.gov.in/ - this is the site to get form 15 CA and to upload it too
FORM 15 CB - Chargeability of Foreign Remittance-Tax Determination Certificate where the Issuer CA examines the remittance having regard to chargeability provisions under Section 5 and 9 of Income tax Act along with provisions of Double tax Avoidance Agreements with the Recipient’s Residence Country -https://www.caclubindia.com/forum/revised-form-15cb-266844.asp#.VJlAU_8wAJ4 - link to get format of 15 CB
( CHARGEABLE TO TAX) TO A NON-RESIDENT INDIVIDUAL OR TO A FOREIGN COMPANY - if the remittance is chargeable to tax and does not exceed fifty thousand rupees and the aggregate of such remittances made during the financial year does not exceed two lakh fifty thousand rupees - https://incometaxindiaefiling.gov.in/ - this is the site to get form 15 CA and to upload it too
FORM 15 CB - Chargeability of Foreign Remittance-Tax Determination Certificate where the Issuer CA examines the remittance having regard to chargeability provisions under Section 5 and 9 of Income tax Act along with provisions of Double tax Avoidance Agreements with the Recipient’s Residence Country -https://www.caclubindia.com/forum/revised-form-15cb-266844.asp#.VJlAU_8wAJ4 - link to get format of 15 CB
16 January 2015
if you are sending the amount then its required w/o this bank not tfr. the amount
16 January 2015
if you are sending the amount then its required w/o this bank not tfr. the amount
17 January 2015
PAyment has alraedy been made to NRI . Pymt (exceed Rs. 80 Lacs). Now how firm can fill form 15CA & 15CB as pymt already made?
whether there is any penal provision for non filling of form 15CA/CB?
Plz guide
whether there is any penal provision for non filling of form 15CA/CB?
Plz guide
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
- Share accounting-->fifo - capital gain - period as per fifo?
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR selection for salaries and capital gain less than L
- Treatment of Pension ?annuity returns on PMVY
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Regarding IMS Mandatory from 1st July 2026
- Procedure for claiming exemption in Article Ship for CA Course
- TDS on payment to CHA as per new section
- Sale of Forign Shares
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- 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
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
