Hi,
Can you please tell if forms 15CA, 15CB would be required to pay about 36000 dollars for a year to a university abroad via Demand Draft or Telegraphic Transfer. Please reply immediately.
Thanks.
Hi,
Can you please tell if forms 15CA, 15CB would be required to pay about 36000 dollars for a year to a university abroad via Demand Draft or Telegraphic Transfer. Please reply immediately.
Thanks.
Yes it will be required, as Form 15CA is to be submitted electronically by any person responsible for making payment to a non-resident, not being a company, or to a foreign company after obtaining a certificate from an accountant as per Explanation in section 288 of the Income tax Act.1961, ie, a CA.
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