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..
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