Non-resident remittance reporting form sets out tax, remitter, remittee, and compliance details for taxable and non-taxable payments. Form No. 145 requires disclosure of the remitter's and remittee's particulars, remittance details, bank and authorised dealer information, purpose code, ... Summary
Non-resident remittance reporting form sets out tax, remitter, remittee, and compliance details for taxable and non-taxable payments.
Form No. 145 requires disclosure of the remitter's and remittee's particulars, remittance details, bank and authorised dealer information, purpose code, nature of remittance, and tax deducted at source. It provides separate parts for taxable remittances up to Rs. 5,00,000, taxable remittances exceeding that limit with a certificate or order under section 395(1) or 395(2), taxable remittances supported by an accountant's certificate in Form No. 146, and remittances not taxable under the Act. Each part includes declarations confirming accuracy of particulars and undertakings to furnish supporting documents.
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