![]() ![]() * Remittance is made to a foreign company or a non-resident and is taxable * If the amount of remittance is chargeable to taxįorm 15CB is required to be filed by a CA when: * By a remitter who can be a foreign company/ domestic company/ resident/non-resident. ![]() * To a foreign company or a non-resident. The applicability of 15CA and CB is mentioned below.įorm 15CA is a declaration made by a person who intends to make remittance.įorm 15CA is applicable for remittances made: However, there are few exemptions as per rule 37BB of income tax rules where the submission of form 15CB is not required. The declaration of form 15CA is an effective Information Processing System that isutilized by the Income Tax Department to track foreign remittances and determine the nature of tax liability.įorm 15CB is a type of certification where aCA certifies the details of the payment, TDS rate, TDS deduction and other details of nature and purpose of remittance.įurther, while filing form 15CA, the details of form 15CB are also required. Form 15CA, in relation to tax remittances, is a declaration of remittance and is a tool for collecting information concerning payments in respect of incomes chargeable to tax in the hands of non-resident recipients. If you are alaw-abiding tax paying citizen, you may want to know what form 15CA and CB is. ![]()
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