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15ca CB for proprietorship

367 views 5 replies
hi
is it necessary to obtain tan number to make the payment in the foreign currency to foreign party.

bank is insisting on to filing form 15ca CB to make the payment to the foreign party.

for proprietorship do we need to get the TAN and deduct TDS.
Replies (5)
If the foreign currency payment is subject to TDS, then TAN would be required. Form 15CA/CB can be filed without mentioning TAN.

Thanks a lot for your reply. Actually the payment is to be made to a freelancer translator in Thailand. he does not have any permanent establishment in India. Can you please suggest on the tds deduction. i mean do we need to deduct tds or not.

Yes TAN is required in your case...

Hi, 

But I have seen many articles that say that payment for translation services does not require TDS deduction. 

Also, I have seen DTAA with Thailand...can't we go with the article 14 of the DTAA with Thailand and deduct no tds.

Yes.. rightly said by Sanjeev. Same opinion from my side too.


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