One of my friend is working as an Finance Manager in Software company. The company is used to export software services to USA and Finland and other countries.
They too get import of software development services and other development work from USA and Finland. For making outward remittances what type of documents required for processing payments to the customer.
In my view Export Invoice and PO etc. Is it required to Deduct TDS on the Invoice Amount. And also form 15CA and 15CB is required for making payments.
I request my friends to put here the required documents for making outward remittances.
And also both Inward and Outward remittances what type of documents required for making payments.
If Form 15CA is required what type of narration to be mentioned in Nature of Remittance.
Regards
B.Sreenivasa Rao
CAclubindia
