requirment of form 15CB

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CA. Vipin Gupta

Accounts Officer

94 Points Posted on 16 March 2010

we are making 80% (of total contract amount)payment to foreighn consultant after deducting TDS u/s 195 and duly obtaining form 15CB & filling form 15CA

For rest of 20% we are creating liability in our books of accounts on 31st march 2010. which will be paid only in may 10 or june 10. for this 20% we also have to deduct tax according to rule (due or paid whichever is earlier)

my question is that whether we have to obtain CA certificate in form 15CB for this remaining TDS (on remaining 20% unpaid) also.

Replies (4)

Dinesh pratap singh

C.A. Final Student

70 Points Posted on 21 March 2010

Dear Vipin Dupta Ji,

No nead of certificate in form 15CB at the time of credited of A/c. This form should be required at time of payement.

So in your case no nead of certificate in form 15CB for 20% balance payement as on 31-03-2010 at the time of credit.

Sanket Damodar Karve

Business

164 Points Posted on 23 March 2010

Agree with Dinesh

Roodita Gaikwad

Practice

628 Points Posted on 22 April 2025

Yes, for the remaining 20% payment, even though it has not yet been paid, TDS should be deducted at the time the liability is created (as per the rule "due or paid, whichever is earlier"). Since the TDS is applicable, you will need to obtain a CA certificate in Form 15CB for the remaining 20% as well.

Once the TDS is deducted on the liability created, Form 15CA Part C will be required to be filed for the entire payment, including both the 80% already paid and the 20% for which the liability has been created.

To streamline the process and ensure accurate and timely filing, you can use our Excel-based utility to generate Form 15CA and 15CB XML in bulk. This will save you time and ensure compliance with the regulations.

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Aashok Kumar Sharma

Finance/Compliance Consultant

77511 Points Posted on 07 November 2026

TDS Deduction: Required at year-end when the liability/provision is created (due or paid, whichever is earlier).
Form 15CB / 15CA Filing: Not required at the exact moment of making a simple accounting provision (book entry), but mandatory at the time of actual outward remittance of the remaining 20%.