Menu
15cb for equilisation levy scheme
plz tell me that whether form 15cb is required to be furnished if we make foreign remiitance under equilisation levy scheme?
Replies (1)
If the payment to the non-resident is taxable under the Income Tax Act (and exceeds the ₹5 lakh threshold), you are required to furnish Form 15CB. If the payment is not taxable in India, or falls under the specific exemptions listed in Rule 37BB, you may not need to furnish these forms.
Recent Topics :
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
- GST RATE ON FILM PRODUCTION
- Section 54
- Why are foreign investors suddenly buying Indian s
- TDS ON IMMOVABLE PROPERTY - PURCHASE FROM NRI &
- Query to Tax Garden tax consultant
- Subject: Urgent Assistance Required – TRACES
Related Topics :
CAclubindia
