Submission of form 15ca/cb for all foreign remittance

TDS 499 views 1 replies

Whether certification is required in Form 15CA/CB for all the foreign remittances (including materials purchased) from 01.06.2015 irrespective of whether the amount is chargeable under the income tax Act.

Regards,

R. Harish.

Replies (1)

Information in forms 15CA/ 15CB is required to be submitted in all cases, whether TDS is applicable or not. However:

 

1. If part A of form 15CA is applicable, certificate in form 15CB is not required;

2. For remittances of the nature covered under explanation 2 to Rule 37BB of Income Tax Rules (please refer Rule 37BB on Income Tax web site), no forms 15CA or 15CB need to be submitted.


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