New form 15CA and 15CB forms format not available on Income Tax Website - Professionals - Taxation - TIK Share
0 Likes 339 Views

New form 15CA and 15CB forms format not available on Income Tax Website


Rahul Rai

2016-04-03

Income Tax department has notified new rules for Form 15CA and Form 15CB. However same are not uploaded on Income Tax website.

How to file form 15CA online and is there any change in form 15CB?

CA Pulkit Sharma

2016-04-03

Notification has become effective from 1st April 2016. The new format of Form 15CA and 15CB notified by Income Tax department are specified in the notification itself.

 

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II,

SECTION 3, SUB-SECTION (i)]

 

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

 

(DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES)

 

NOTIFICATION

 

New Delhi, the 16th December, 2015

 

 

INCOME-TAX

 

G.S.R. 978(E).—In exercise of the powers conferred by sub-section (6) of section195 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-

 

  1. (1) These rules may be called the Income-tax (21st Amendment) Rules, 2015.

 

(2)      They shall come into force on the 1st day of April, 2016.

 

  1. In the Income-tax Rules, 1962 (hereafter referred to as the said rules), for rule 37BB, the following rule shall be substituted, namely:-

 

“37BB. Furnishing of information for payment to a non-resident, not being a company, or to a foreign company.— (1) The person responsible for paying to a non-resident, not being acompany, or to a foreign company, any sum chargeable under the provisions of the Act, shall furnish the following, namely:-

 

(i) the information in Part A of Form No.15CA, if the amount of payment or the aggregate of such payments, as the case may be, made during the financial year does not exceed five lakh rupees;

 

(ii)             for payments other than the payments referred in clause (i), the information,—

 

(a)                in Part B of Form No.15CA after obtaining,—

 

(I)                a certificate from the Assessing Officer under section 197; or

 

(II)             an order from the Assessing Officer under sub-section (2) or sub-section

(3) of section 195;

 

(b)               in Part C of Form No.15CA after obtaining a certificate in Form No. 15CB from an accountant as defined in the Explanation below sub-section (2) of section 288.

 

(2)   The person responsible for paying to a non-resident, not being a company, or to a foreign company, any sum which is not chargeable under the provisions of the Act, shall furnish the information in Part D of Form No.15CA.

 

(3)         Notwithstanding anything contained in sub-rule (2), no information is required to be furnished for any sum which is not chargeable under the provisions of the Act, if,—

 

(i)                 the remittance is made by an individual and it does not require prior approval of Reserve Bank of India as per the provisions of section 5 of the Foreign Exchange Management Act, 1999 (42 of 1999) read with Schedule III to the Foreign Exchange (Current Account Transaction) Rules, 2000; or

 

(ii)               the remittance is of the nature specified in column (3) of the specified list below:

 

 

 

SPECIFIED LIST

 

 

 

Sl. No.

Purpose code

Nature of payment

 

as per RBI

 

 

 

 

(1)

(2)

(3)

 

 

 

1

S0001

Indian investment abroad-in equity capital (shares)

 

 

 

2

S0002

Indian investment abroad-in debt securities

 

 

 

3

S0003

Indian  investment  abroad-in  branches  and  wholly  owned

 

 

subsidiaries

 

 

 

4

S0004

Indian investment abroad-in subsidiaries and associates

 

 

 

5

S0005

Indian investment abroad-in real estate

 

 

 

6

S0011

Loans extended to Non-Residents

 

 

 

7

S0101

Advance payment against imports

 

 

 

8

S0102

Payment towards imports-settlement of invoice

 

 

 

9

S0103

Imports by diplomatic missions

 

 

 

10

S0104

Intermediary trade

 

 

 

11

S0190

Imports below Rs.5,00,000-(For use by ECD offices)

 

 

 

12

S0202

Payment for operating expenses of Indian shipping companies

 

 

operating abroad.

 

 

 

13

S0208

Operating expenses of Indian Airlines companies operating

 

 

abroad

 

 

 

14

S0212

Booking of passages abroad - Airlines companies

 

 

 

 

15

S0301

Remittance towards business travel.

 

 

 

16

S0302

Travel under basic travel quota (BTQ)

 

 

 

17

S0303

Travel for pilgrimage

 

 

 

18

S0304

Travel for medical treatment

 

 

 

19

S0305

Travel for education (including fees, hostel expenses etc.)

 

 

 

20

S0401

Postal services

 

 

 

21

S0501

Construction  of  projects  abroad  by  Indian   companies

 

 

including import of goods at project site

 

 

 

22

S0602

Freight insurance - relating to import and export of goods

 

 

 

23

S1011

Payments for maintenance of offices abroad

 

 

 

24

S1201

Maintenance of Indian embassies abroad

 

 

 

25

S1202

Remittances by foreign embassies in India

 

 

 

26

S1301

Remittance by non-residents towards family maintenance and

 

 

savings

 

 

 

27

S1302

Remittance towards personal gifts and donations

 

 

 

28

S1303

Remittance  towards  donations  to  religious  and  charitable

 

 

institutions abroad

 

 

 

29

S1304

Remittance   towards   grants   and   donations   to   other

 

 

Governments  and  charitable  institutions  established  by the

 

 

Governments

 

 

 

30

S1305

Contributions   or   donations   by   the   Government   to

 

 

international institutions

 

 

 

31

S1306

Remittance towards payment or refund of taxes

 

 

 

32

S1501

Refunds or rebates or reduction in invoice value on account of

 

 

exports

 

33                             S1503 Payments by residents for international bidding.

 

 

(4)   The information in Form No. 15CA shall be furnished,—

 

(i) electronically under digital signature in accordance with the procedures, formats and standards specified by the Principal Director General of Income-tax (Systems) under sub-rule (8) and thereafter printout of the said form shall be submitted to the authorised dealer, prior to remitting the payment; or

 

(ii) electronically in accordance with the procedures, formats and standards specified by the Principal Director General of Income-tax (Systems) under sub-rule (8) and thereafter signed printout of the said form shall be submitted to the authorised dealer, prior to remitting the payment.

 

(5)   An income-tax authority may require the authorised dealer to furnish the signed printout of Form No.15CA referred to in clause (ii) of sub-rule (4) for the purposes of any proceedings under the Act.

 

(6)          The certificate in Form No. 15CB shall be furnished and verified electronically in accordance with the procedures, formats and standards specified by the Principal Director-General of Income-tax (Systems) under sub-rule (8).

 

(7)      The authorised dealer shall furnish a quarterly statement for each quarter of the financial year in Form No.15CC to the Principal Director General of Income-tax (Systems) or the person authorised by the Principal Director General of Income-tax (Systems) electronically under digital signature within fifteen days from the end of the quarter of the financial year to which such statement relates in accordance with the procedures, formats and standards specified by the Principal Director General of Income-tax (Systems) under sub-rule (8).

 

(8)   The Principal Director General of Income-tax (Systems) shall specify the procedures, formats and standards for the purposes of furnishing and verification of Form 15CA, Form 15CB and Form 15CC and shall be responsible for the day-to-day administration in relation to the furnishing and verification of information, certificate and quarterly statement in accordance with the provisions of sub-rules (4), (6) and (7).

 

Explanation.—For the purposes of this rule‘authorised dealer’ means a person authorised asanauthorised dealer under sub-section (1) of section 10 of the Foreign Exchange Management Act, 1999 (42 of 1999).”.

 

3. In the said rules, in Appendix-II, for Form No.15CA and Form No. 15CB, the following Forms shall be substituted, namely:-

 

 

“FORM NO. 15CA

 

 

 

 

 

(See rule 37BB)

 

 

 

 

Income-Tax

Information to be furnished for payments to a non-resident not

Ack. No.

 

 

 

Department

being a company, or to a foreign company

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Part A

 

(To be filled up if the remittance is chargeable to tax under the provisions of the Income-tax Act,1961 and the remittance or the aggregate of such remittances, as the case may be, does not exceed five lakh rupees during the financial year)

 

 

 

 

 

REMITTEE         REMITTER

 

 

 

 

 

REMITTANCE


 

Name of remitter

 

PAN of the remitter (if available)

 

TAN of the remitter (if available)

 

Complete address, email and phone number of the remitter

 

Status of remitter1

Residential status of remitter2

Name of recipient of remittance

 

PAN of the recipient of remittance, if available3

 

Complete address, email4 and phone number5 of the recipient of remittance

Country to which remittance is made

 

Amount payable before TDS (In Indian Currency)

 

Aggregate amount of remittances made during the financial year including this proposed remittance

 

Name of bank

 

Name of the branch of the bank

 

Proposed date of remittance

 

Nature of remittance

 

Please furnish the relevant purpose code as per RBI

 

Amount of TDS

 

Rate of TDS

 

Date of deduction

 

 

 

 

VERIFICATION

 

I/We*, __________________________ (full name in block letters), son/daughter of __________________in the capacity of________(designation) solemnly declare that the information given above is true to the best of my knowledge and belief and no relevant information has been concealed. I/We* further undertake to submit the requisite documents for enabling the income-tax authorities to determine the nature and amount of income of the recipient of the above remittance as well as documents required for determining my liability under the Income-tax Act as a person responsible for deduction of tax at source.

 

………………………………………………………………….

 

Place:                                                    Signature of the person responsible for paying to non-resident

 

………………………………………………………………………………..

 

Date:                                        Name and Designation of the person responsible for paying to non-resident

 

 

* Delete whichever is not applicable.

 

1 Write 1 if company, write 2 if firm, write 3 if individual and write 4 if others.

 

2 In case of company, write 1 if domestic company, write 2 if foreign company, in case of person other than company, write 3 if resident, write 4 if non-resident

3 In case of non-availability of PAN, provisions of section206AA shall be applicable

 

4. If available

 

5. If available

 

Part B

 

(To be filled up if the remittance is chargeable to tax under the provisions of the Income-tax Act,1961 and the remittance or the aggregate of such remittances, as the case may be, does not exceed five lakh rupees during the financial year and an order/ certificate u/s 195(2)/ 195(3)/ 197 of Income-tax Act has been obtained from the Assessing Officer.)

 

 

Name of remitter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

REMITTER

PAN of the remitter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TAN of the remitter1

 

 

 

 

 

 

 

 

 

 

Complete address, email and phone number of the remitter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Status of remitter2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential status of remitter3

 

 

 

 

 

 

 

 

 

 

REMITTEE

Name of recipient of remittance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PAN of the recipient of remittance, if available4

 

 

 

 

 

 

 

 

 

Complete address, email5 and phone number6 of the recipient of remittance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A.O.ORDER

Section under which order/certificate has been obtained

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name and designation of the Assessing Officer who issued the order/certificate

 

 

 

 

 

 

 

 

 

Date of order/certificate

 

 

 

 

 

 

 

 

 

 

Order/ certificate number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Country to which remittance is made

Country:

Currency:

 

 

Amount payable

In foreign currency:

In Indian Rs.

 

 

Name of the Bank

 

Branch of the Bank

 

 

 

 

 

 

 

 

 

REMITTANCE

BSR Code of the bank branch (7 digit)

 

 

 

 

 

 

 

 

 

 

Proposed date of remittance

 

(DD/MM/YYYY)

 

Nature of remittance as per agreement/ document

 

 

 

 

 

 

 

 

 

Please furnish the relevant purpose code as per RBI

 

 

 

 

 

 

 

 

 

Amount of TDS

 

 

 

 

 

 

 

 

 

 

 

Rate of TDS

 

 

 

 

 

 

 

 

 

 

 

Date of deduction

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

VERIFICATION

 

I/We*, __________________________ (full name in block letters), son/daughter of __________________in the capacity of________(designation) solemnly declare that the information given above is true to the best of my knowledge and belief and no relevant information has been concealed. I/We* certify that a certificate/order under section 195(2)/195(3)/197 of the Income-tax Act, 1961 has been obtained, particulars of which are given in this Form. I/We* further undertake to submit the requisite documents for enabling the income-tax authorities to determine the nature and amount of income of the recipient of the above remittance as well as documents required for determining my liability under the Income-tax Act as a person responsible for deduction of tax at source.

 

 

 

 

………………………………………………………………….

Place:

Signature of the person responsible for paying to non-resident

 

………………………………………………………………………………..

Date:

Name and Designation of the person responsible for paying to non-resident

 

 

* Delete whichever is not applicable.

 

1In case TAN is applied for, please furnish acknowledgement number of the application.

2 Write 1 if company, write 2 if firm, write 3 if individual and write 4 if others.

 

3 In case of company, write 1 if domestic company, write 2 if foreign company, in case of person other than company, write 3 if resident, write 4 if non-resident

 

4In case of non-availability of PAN, provisions of section206AA shall be applicable

 

5If available

 

6If available

 

Part C

 

(To be filled up if the remittance is chargeable to tax under the provisions of Income-tax Act, 1961 and theremittance or the aggregate of such remittances, as the case may be, exceeds five lakh rupees during the financial year and a certificate in Form No. 15CB from an accountant as defined in the Explanation below sub-section (2) of section 288 has been obtained)

 

 

 

 

Section A

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

GENERAL INFORMATION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name of the remitter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PAN of remitter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Area Code

 

AO Type

 

 

Range Code

AO No

 

 

REMITTER

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Principal Place of Business

 

 

 

 

 

 

 

 

 

 

 

 

TAN of remitter1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                                                                                                         

 

 

Complete address, email and phone number of the remitter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Status2

 

 

Residential status of remitter3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name of recipient of remittance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PAN of recipient of remittance4

 

 

REMITTEE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                                                                                                 

 

 

Status5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Address

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Country to which remittance is made:

 

 

 

 

 

 

 

 

 

 

Principal place of business

 

 

 

 

Email address

 

 

 

 

 

 

 

 

 

 

(ISD code)-Phone Number

 

 

 

 

(

)

 

 

 

 

(a)

 

 

Name of the Accountant6 signing the certificate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(b)

 

 

Name of the proprietorship/firm of the accountant

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ACCOUNTANT

 

 

 

 

 

 

 

(c)

 

 

Address

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(d)

Registration no. of the accountant

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(e)

 

 

Date of certificate (DD/MM/YYYY)

 

 

 

 

 

 

 

 

 

 

Certificate No.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a)

 

 

Whether any order/ certificate u/s 195(2)/ 195(3)/ 197 of

 

 

(Tick)

 

 

Yes

 

 

No

 

 

 

 

 

 

 

 

 

ORDER

 

 

 

 

 

Income-tax Act has been obtained from the Assessing

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Officer.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(b)

Section under which order/certificate has been obtained

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(c)

Name and designation of the Assessing Officer who issued

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A.O.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

the order/certificate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(d)

 

 

Date of order/certificate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(e)

 

 

Order/ certificate number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Section B

 

 

 

 

PARTICULARS OF REMITTANCE AND TDS

( as per certificate of the accountant)

 

 

 

 

 

 

 

 

 

 

1.

 

Country to which remittance is made

 

Country:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Currency:

 

 

 

 

 

 

 

 

 

 

2.

 

Amount payable

 

 

 

 

 

 

In foreign currency:

 

 

 

 

 

 

 

 

 

 

 

 

In Indian Rs.

 

 

 

 

 

 

 

 

                                                                             

 

REMITTANCE

3.

 

Name of the Bank

 

 

 

 

 

 

 

 

Branch of the Bank

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4.

 

BSR Code of the bank branch (7 digit)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5.

 

Proposed date of remittance

 

(DD/MM/YYYY)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6

 

 

Nature of remittance as per agreement/

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

document

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7.

 

Relevant purpose code as per RBI

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8.

 

In  case the  remittance  is  net of taxes,

 

(Tick)

Yes

 

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

whether  tax  payable  has  been  grossed

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

up?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9.

 

Taxability under the provisions of the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

T

 

 

 

Income-tax Act (without considering

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

I.T.AC

 

 

 

DTAA)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a) the relevant section of the Act under

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

which the remittance is covered

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(b) the amount of income chargeable to

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

tax

 

 

 

 

 

 

 

 

 

 

(c) the tax liability

 

 

 

 

 

 

 

 

 

 

(d)basis of determining taxable income

 

 

 

 

 

 

 

 

 

and tax liability

 

 

 

 

 

 

 

 

 

10.

If any relief is claimed under DTAA-

 

 

 

 

 

 

 

 

 

(i)  whether  tax  residency  certificate  is

 

 

 

 

 

 

 

 

 

obtained from the recipient of remittance

 

(Tick)

Yes

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(ii) please specify relevant DTAA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(iii)  please  specify  relevant  article  of

 

 

 

 

 

 

 

 

 

DTAA

 

 

Nature of payment as per

 

 

 

 

 

 

 

 

 

DTAA

 

 

 

 

 

 

 

(iv) taxable income as per DTAA

 

In Indian Rs.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(v) tax liability as per DTAA

 

In Indian Rs.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A. If the remittance is for royalties, fee

 

(Tick)

Yes

No

 

 

 

 

for technical services, interest, dividend,

 

 

 

 

 

 

 

 

 

etc,(not   connected

with   permanent

 

 

 

 

 

 

 

 

 

establishment) please indicate:-

 

 

 

 

 

 

 

 

 

(a) Article of DTAA

 

 

 

 

 

 

 

 

 

 

(b) Rate of TDS required to be deducted

 

As per DTAA (%)

 

 

 

 

 

 

in terms of such article of the applicable

 

 

 

 

 

 

 

 

 

DTAA

 

 

 

 

 

 

 

 

 

 

B. In case the remittance is on account of

 

(Tick)

Yes

No

 

 

 

 

business income, please indicate:-

 

 

 

 

 

 

 

DTAA

 

 

 

 

 

 

 

 

 

 

(a) The amount of income liable to tax in

 

 

 

 

 

 

 

 

India

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(b) The basis of arriving at the rate of

 

 

 

 

 

 

 

 

 

deduction of tax.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

C. In case the remittance is on account of

 

(Tick)

Yes

No

 

 

 

 

capital gains, please indicate:-

 

 

 

 

 

 

 

 

 

(a) amount of long term capital gains

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(b) amount of short-term capital gains

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(c) basis of arriving at taxable income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

D.  In  case  of  other

remittance    not

 

(Tick)

Yes

No

 

 

 

 

covered by sub-items A,B and C

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a) Please specify nature of remittance

 

 

 

 

 

 

 

 

 

(b)  Whether  taxable  in  India  as  per

 

 

 

 

 

 

 

 

 

DTAA

 

 

 

 

 

 

 

 

 

 

(c) If yes, rate of TDS required to be

 

 

 

 

 

 

 

 

 

deducted in terms of such article of the

 

 

 

 

 

 

 

 

 

applicable DTAA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(d)  if not, please furnish brief reasons

 

 

 

 

 

 

 

 

 

thereof  specifying  relevant  article  of

 

 

 

 

 

 

 

 

 

DTAA

 

 

 

 

 

 

 

 

 

11.

Amount of tax deducted at source

 

In foreign currency

 

 

 

 

 

 

 

 

 

In Indian Rs.

 

 

 

 

 

TDS

12.

Rate of TDS

 

 

As per Income-tax Act (%)

 

 

 

 

 

 

 

 

 

or

 

 

 

 

 

 

 

 

As per DTAA (%)

 

 

 

 

 

13.

Actual amount of remittance after TDS

 

In foreign currency

 

 

 

 

 

14.

Date of deduction of tax at source, if any

 

(DD/MM/YYYY)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

VERIFICATION

 

 

 

 

1. I/We*, ___________________________ (full name in block letters), son/daughter of __________________in the capacity of_________________(designation) solemnly declare that the information given above is true to the best of my/our* knowledge and belief and no relevant information has been concealed. I/We* certify that a certificate has been obtained from an accountant, particulars of which are given in this Form, certifying the amount, nature and correctness of deduction of tax at source. In case where it is found that the tax actually deductible on the amount of remittance has not been deducted or after deduction has not been paid or not paid in full, I/We* undertake to pay the amount of tax not deducted or not paid, as the case may be, along with interest due. I/We* shall also be subject to the provisions of penalty for the said default as per the provisions of the Income-tax Act, 1961. I/We* further undertake to submit the requisite documents for enabling the income-tax authorities to determine the nature and amount of income of the recipient of the above remittance as well as documents required for determining my/our liability under the Income-tax Act, 1961 as a person responsible for deduction of tax at source.

 

 

 

 

 

 

 

………………………………………………………………….

 

Place:                                   Signature of the person responsible for paying to non-resident

 

………………………………………………………………………………..

 

Date:                                        Name and Designation of the person responsible for paying to non-resident

 

 

 

 

 

 

* Delete whichever is not applicable.

 

1In case TAN is applied for, please furnish acknowledgement number of the application.

2 Write 1 if company, write 2 if firm, write 3 if individual and write 4 if others.

 

3 In case of company, write 1 if domestic company, write 2 if foreign company, in case of person other than company, write 3 if resident, write 4 if non-resident

 

4In case of non-availability of PAN, provisions of section206AA shall be applicable

 

Write 1 if company, write 2 if firm, write 3 if individual and write 4 if others.

 

6Accountant shall have the meaning as defined in Explanation below sub-section (2) of section 288 of the Income-tax Act, 1961.

 

7Please fill the serial number as mentioned in the certificate of the accountant.

 

Part D

 

 

[To be filled up if the remittance is not chargeable to tax under the provisions of the Income-tax Act,1961 {other than payments referred to in rule 37BB(3)} by the person referred to in rule 37BB(2)]

 

 

 

Name of the remitter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

REMITTER

PAN of the remitter, if available

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TAN of the remitter, if available

 

 

 

 

 

 

 

 

 

 

 

 

Complete address, email and phone number of the remitter

 

 

 

 

 

 

 

 

Status of remitter1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential status of the remitter2

 

 

 

 

 

 

 

 

 

 

 

 

 

Name of recipient of remittance

 

 

 

 

 

 

 

 

 

 

 

 

REMITTEE

PAN of the recipient of remittance, if available

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Complete address, email3 and phone number4 of the recipient of remittance

 

 

 

 

 

 

 

 

Country to which remittance is made

 

Country:

Currency:

 

 

 

 

 

Country of which the recipient of remittance is resident, if available

 

 

 

 

 

 

 

 

 

Amount payable

In foreign currency:

In Indian Rs.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

REMITTANCE

Name of the bank

 

Name of the branch of the bank

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BSR code of the bank branch (7 digit)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposed date of remittance

 

(DD/MM/YYYY)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nature of remittance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Please furnish the relevant purpose code as per RBI

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2. I certify that I have reason to believe that the remittance as above is not chargeable under the provision of Income-tax Act 1961 and is not liable for deduction of tax at source.

 

VERIFICATION

 

I/We*, ___________________________ (full name in block letters), son/daughter of __________________in the capacity of_________________(designation) solemnly declare that the information given above is true to the best of my/our* knowledge and belief and no relevant information has been concealed. In a case where it is found that the tax actually deductible on the amount of remittance has not been deducted or after deduction has not been paid or not paid in full, I/We* undertake to pay the amount of tax not deducted or not paid, as the case may be, along with interest due. I/We* shall also be subject to the provisions of penalty for the said default as per the provisions of the Income-tax Act, 1961. I/We* further undertake to submit the requisite documents for enabling the income-tax authorities to determine the nature and amount of income of the recipient of the above remittance as well as documents required for determining my/our* liability under the Income-tax Act as a person responsible for deduction of tax at source.

 

………………………………………………………………….

 

Place:                                                    Signature of the person responsible for paying to non-resident

 

………………………………………………………………………………..

 

Date:                                        Name and Designation of the person responsible for paying to non-resident

 

* Delete whichever is not applicable.

1 Write 1 if company, write 2 if firm, write 3 if individual and write 4 if others.

 

2 In case of company, write 1 if domestic company, write 2 if foreign company, in case of person other than company, write 3 if resident, write 4 if non-resident

 

3 If available

 

4 If available

 

For Office Use only

For Office Use Only

 

Receipt No.

 

Date

 

Seal and Signature of receiving official

 

Form No. 15CB

(See rule 37BB)

 

Certificate of an accountant1

 

 

I/We*

have

examined

the

agreement

 

(wherever

applicable)

between

 

Mr./Ms./M/s*………………………………. and Mr./Ms./M/s*…………………………………..

 

 

 

 

(Remitters)

 

 

 

 

 

 

 

 

 

(Beneficiary)

 

 

 

requiring the  above remittance as well as the relevant documents and books of account required

 

for ascertaining the nature of remittance and for determining the rate of deduction of tax at

 

source as per provisions of Chapter- XVII-B.

 

 

 

 

 

 

 

 

 

 

We hereby certify the following :-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A

 

Name and address of the beneficiary of the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

remittance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

B

 

1.

Country to which remittance is made

 

Country:

 

 

 

 

 

 

Currency:

 

 

 

 

2.

Amount payable

 

 

In foreign currency:

 

 

 

In Indian Rs.

 

 

 

 

3.

Name of the bank

 

 

 

Branch of the bank

 

 

 

 

 

 

 

 

4.

BSR Code of the bank branch (7 digit)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5.

Proposed date of remittance

 

 

(DD/MM/YYYY)

 

 

 

 

 

 

 

 

6

Nature of remittance as per agreement/

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

document

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7.

In  case the  remittance  is  net of taxes,

 

(Tick)

Yes

No

 

 

 

 

 

 

whether  tax  payable  has  been  grossed

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

up?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8.

Taxability under the provisions of the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income-tax Act (without considering

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DTAA)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(i) is remittance chargeable to tax in

 

(Tick)

Yes

No

 

 

 

 

 

 

India

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(ii) if not reasons thereof

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(iii) if yes,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a) the relevant section of the Act under

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

which the remittance is covered

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(b) the amount of income chargeable to

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

tax

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(c) the tax liability

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(d)basis of determining taxable income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

and tax liability

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9.

If income is chargeable to tax in India

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

and any relief is claimed under DTAA-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(i)  whether  tax  residency  certificate  is

 

(Tick)

Yes

No

 

 

 

 

 

 

obtained from the recipient of remittance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(ii) please specify relevant DTAA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(ii)  please  specify  relevant  article  of

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DTAA

 

 

 

 

Nature of payment as per

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DTAA

 

 

 

 

 

 

 

 

 

 

 

 

(iii) taxable income as per DTAA

 

In Indian Rs.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(iv) tax liability as per DTAA

 

 

In Indian Rs.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A.If the remittance is for royalties, fee

 

(Tick)

Yes

No

 

 

 

 

 

 

for technical services, interest, dividend,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

etc,(not

connected   with

permanent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

establishment) please indicate:-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a) Article of DTAA

 

 

 

 

 

 

(b) Rate of TDS required to be deducted

As per DTAA (%)

 

 

 

 

in terms of such article of the applicable

 

 

 

 

 

 

DTAA

 

 

 

 

 

 

B. In case the remittance is on account of

(Tick)

Yes

No

 

 

 

business income, please indicate:-

 

 

 

 

 

 

 

 

 

 

 

 

 

(a) Whether such income is liable to tax

(Tick)

Yes

No

 

 

 

in India

 

 

 

 

 

 

 

 

 

 

 

 

 

(b) If so, the basis of arriving at the rate

 

 

 

 

 

 

of deduction of tax.

 

 

 

 

 

 

 

 

 

 

 

 

 

(c)  If not,  please furnish brief reasons

 

 

 

 

 

 

thereof,  specifying  relevant  article  of

 

 

 

 

 

 

DTAA

 

 

 

 

 

 

C. In case the remittance is on account of

(Tick)

Yes

No

 

 

 

capital gains, please indicate:-

 

 

 

 

 

 

 

 

 

 

 

 

 

(a) amount of long term capital gains

 

 

 

 

 

 

 

 

 

 

 

 

 

(b) amount of short-term capital gains

 

 

 

 

 

 

 

 

 

 

 

 

 

(c) basis of arriving at taxable income

 

 

 

 

 

 

 

 

 

 

 

 

 

D.  In  case  of  other  remittance   not

(Tick)

Yes

No

 

 

 

covered by sub-items A,B and C

 

 

 

 

 

 

 

 

 

 

 

 

 

(a) Please specify nature of remittance

 

 

 

 

 

 

(b)  Whether  taxable  in  India  as  per

 

 

 

 

 

 

DTAA

 

 

 

 

 

 

(c) If yes, rate of TDS required to be

 

 

 

 

 

 

deducted in terms of such article of the

 

 

 

 

 

 

applicable DTAA

 

 

 

 

 

 

 

 

 

 

 

 

 

(d) if not ,  please furnish brief reasons

 

 

 

 

 

 

thereof,  specifying  relevant  article  of

 

 

 

 

 

 

DTAA

 

 

 

 

 

10.

Amount of TDS

In foreign currency

 

 

 

 

 

In Indian Rs.

 

 

 

 

11

Rate of TDS

As per Income-tax Act (%)

 

 

 

 

 

 

or

 

 

 

 

 

As per DTAA (%)

 

 

 

12

Actual amount of remittance after TDS

In foreign currency

 

 

 

13.

Date of deduction of tax at source, if any

(DD/MM/YYYY)

 

 

 

 

 

 

 

 

 

 

 

Certificate No.2

Signature :

 

Name:

 

Name of the proprietorship/ firm: Address:

 

Registration No.:

 

  1. 1.   To be signed and verified by an accountant (other than employee) as defined in the Explanation below sub-section (2) of section 288 of the Income-tax Act,1961.
    1. 2.    Certificate number is an internal number to be given by the Accountant.

 

* Delete whichever is not applicable. .

 

Form No.15CC

(See rule 37BB)

 

 

 

Quarterly statement to be furnished by an authorised dealer in respect of remittances made for the quarter of ………….. of ……… . (Financial Year)

 

  1. Name and address of the authorised dealer: ……………………………………………….

 

  1. Permanent Account Number: ………………………………………………………………

 

  1. Details of remittances made:

 

Sl.

Name

PAN of

Name

PAN   of

Amountof

Date

of

Country

to

Purpose Code

No.

of    the

the

of    the

the

remittance

remittance

 

which

 

as per RBI

 

remitter

remitter

remittee

remittee,

 

 

 

remittance

is

 

 

 

 

 

if

 

 

 

made

 

 

 

 

 

 

available

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Verification

 

I ………………………..(full name in block letters), son/daughter of ………………. solemnly declare that to the best of my knowledge and belief, the information given above are correct and complete.

 

 

Place …………                                                               Signature …….……………………………………….

 

Date ………….                                                               Name and Designation ……………………………”.

 

 

 

[Notification No. 93/2015, F.No.133/41/2015-TPL]

 

 

 

 

(PITAMBAR DAS) DIRECTOR (TAX POLICY AND LEGISLATION)

 

 

 

Note.— The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) vide notification number S.O. 969(E), dated the 26th March, 1962 and last amended vide notification number S.O.3357 (E), dated the 11th December,2015 .

 

Reply