15cb payment

Commerce Kaksha By Vishal Maur (1 Points)

03 February 2023  
If a Indian Co. (A ltd) opens up a branch in a foreign country, what will be the residential status of such a branch i.e. whether such a branch shall be deemed as a foreign company or ?

Further if some other Indian Co. (B Ltd) enters into transaction directly with such branch of (A ltd) and wants to remit payments, whether form 15 ca/cb shall be required for such payments?