Form 15ca, 15cb - foreign remittance
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 December 2012
Hi,
I would like to make a payment of $2,200 to a firm in Canada for their services taken. This is a personal expenditure.
Wanted to know if I can make them the payment through Credit Card?
If I make them a payment through Telegraphic Transfer, Bank requires me to submit Form 15CA and 15CB certififed by a CA.
Will there be any TDS in my case? If yes, what is the amount or percentage of TDS deducted in my case?
Thanks
I would like to make a payment of $2,200 to a firm in Canada for their services taken. This is a personal expenditure.
Wanted to know if I can make them the payment through Credit Card?
If I make them a payment through Telegraphic Transfer, Bank requires me to submit Form 15CA and 15CB certififed by a CA.
Will there be any TDS in my case? If yes, what is the amount or percentage of TDS deducted in my case?
Thanks
19 December 2012
yes tds to be deducted. tds amount depend on section 195 or Tax treaty between india and canada whichever is less..
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
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- Gst registered proprietorship firm
- Dep. as per companies act
- Applicability of GST on Salary Reimbursement Component
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- UDIN ISSUE
- Change Of Karta In Case of Death
- TDS on purchase of under construction property from a reseller
- Non filing of I T Returns
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
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
