Form 15cb&ca

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sahil walia

sahil walia (Querist)
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17 August 2012 Please let me know the situation requiring Form 15 CB & 15CA?? Its Purpose Also??

Amol S Joglekar

Amol S Joglekar (Expert)
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17 August 2012 The duty is cast on to the heads of Chartered Accountants by way of issuing these forms to certify the taxability of otherwise of foreign payments. The situation is something like this... some banks ask for that on 'come what may basis'(Form driven branch managers fall in this category. Some banks ask this only for business payments.(substance driven branch managers go by this)