Form 15CA

Others 596 views 2 replies

I went thru online resources that say Form 15CA is to be filed online for any Foregin Payments. I hav not been able to confirm if I need to deduct and pay any taxes on import of any machinery.

Secondly, what to do if I havnt done this from the time the bill was introduced, my banker never asked for this ???

Also confirm if I am going to participate in an exhibition in US, payment is to be made to the organisers there, the tax slab will be same as applicable in India ?

Pls suggest

Replies (2)

ya form 15 ca is compulsory

No tax on machinery if the foreign Co. doesn't have a PE in India.

If your banker doesn't ask for tthe same you can file the same online and send the same by post along with form 15CB to ITO TDS.

Anuj

+91-9810106211


CCI Pro

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