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15CA Applicable or Not
Hello Experts. I need your guidance in the following matter. I have paid rent of ₹.3,00,000.00 to an NRI's Indian Account and Now I have also deposited TDS u/s. 195. Whereas i have not filed Form No.15CA. I want to know whether 15CA is applicable in such case. If so can I file now for 2021-22 all together now? Kindly provide your suggestions.
Replies (4)
Quick Summary
In my opinion form 15CA is not required as the remittance is made to the Indian A/c of the NRI.
For sefar side you file 15CA . In Rule 37BB of the Income tax act 1962 ,list of payment where 15 CA not required , in that list payment of rent is not available ,
There's no need. It's not an outward remittance, but a straightforward domestic payment from one rupee account to another rupee account (assuming the owner's account is NRO).
If there were a 15CA requirement, usually the Bank would have also asked for it.
If the payment is made from NRO to NRE Account then 15CA will be required. But if transfer is from NRO to another NRO Account then Form 15CA is not required.
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