Query for 15ca-cb
This query is : Resolved
dharmali vasani
(Querist)
06 October 2014
SIR,
WE HAD IMPORTED MACHINERY FROM CHINA AND FOR THAT WE HAVE TO PAY REMITTANCE IN USD
MY QUESTION IS WEATHER WE ARE LIABLE TO DEDUCT TDS ON PURCHASE OF MACHINERY IF NOT THAN WE HAVE TO TAKE 15CB IN PHYSICAL FORM AND UPLOAD 15CA ONLINE ?
IN UPLOADING 15CA ONLINE WHICH TYPE OF NATURE OF PAYMENT WE HAVE TO SELECT?
PLEASE REPLY FAST
IT'S URGENT
THANKS IN ADVANCE.
WE HAD IMPORTED MACHINERY FROM CHINA AND FOR THAT WE HAVE TO PAY REMITTANCE IN USD
MY QUESTION IS WEATHER WE ARE LIABLE TO DEDUCT TDS ON PURCHASE OF MACHINERY IF NOT THAN WE HAVE TO TAKE 15CB IN PHYSICAL FORM AND UPLOAD 15CA ONLINE ?
IN UPLOADING 15CA ONLINE WHICH TYPE OF NATURE OF PAYMENT WE HAVE TO SELECT?
PLEASE REPLY FAST
IT'S URGENT
THANKS IN ADVANCE.
Arihanth Jain
(Expert)
10 October 2014
For the import of P & M, there shall be no TDS. However obtain a 15cb & upload 15ca. Select Business Income Others category in 15ca as nature of remittance.
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